When The Little Guys Win: Nonprofit Awarded $268M After Patent Dispute
When The Little Guys Win: Nonprofit Awarded $268M After Patent Dispute Human beings have always been innovative, but sometimes the journey to an acknowledgment of that innovation can be a rough and rocky road. In the world of patents (of which the USPTO receives 500,000 applications a year), the ones who invented something spectacular don’t always receive the recognition — and profit — that comes with it, as the nonprofit organization Alfred E. Mann Foundation (AMF) discovered the hard way. Over 15 years ago, they took Australia-based Cochlear Corporation to court for an intellectual property issue: Cochlear infringed on AMF’s … Read more