European Patent Office’s (EPO) Technical Board of Appeal has recently rejected Novozymes (OMX: NZYM B) appeal and thus rules for Danisco in revoking Nozymes’ animal feed enzyme patent 1,804,592 (EP'592) throughout Europe. Danisco A/S is now a part of E I Du Pont De Nemours And Co aka DuPont (NYSE: DD). The patent was about using steam pelleting containing salt-coated enzyme granules in animal feed manufacturing.
EPO had initially ruled in a similar manner around one year ago and Novozymes was appealing that decision. It had also tried to enforce the patent across multiple geographies, which led to legal proceedings. Danisco is now expected to be compensated for its legal fees and will also seek damages from a preliminary injunction obtained by Novozymes in Denmark. The two companies have a long history of patent litigation with victories going each way. Novozymes does not expect an effect on 2012 accounts from the ruling.
Showing posts with label Novozymes. Show all posts
Showing posts with label Novozymes. Show all posts
Friday, 6 July 2012
Monday, 13 February 2012
Nordic companies at 14th Annual BIO CEO & Investor Conference
Several Nordic biopharmaceutical companies are presenting at the 14th Annual BIO CEO & Investor Conference in New York today and tomorrow. These two companies are presenting shortly:
Zealand Pharma A/S (OMX: ZEAL) 2.00 PM EST 20.00 CET
Biotie Therapies Corp. (OMXH: BTH1V) 2.30 PM EST 20.30 CET
Their presentations should be webcasted here (available for review later).
Other companies presenting today include Azanta A/S and Novozymes A/S (OMX: NZYM B). Bavarian Nordic A/S (CPH: BAVA) and Veloxis Pharmaceuticals (OMX: VELO, formerly LifeCycle Pharma A/S) are scheduled to present tomorrow.
Zealand Pharma A/S (OMX: ZEAL) 2.00 PM EST 20.00 CET
Biotie Therapies Corp. (OMXH: BTH1V) 2.30 PM EST 20.30 CET
Their presentations should be webcasted here (available for review later).
Other companies presenting today include Azanta A/S and Novozymes A/S (OMX: NZYM B). Bavarian Nordic A/S (CPH: BAVA) and Veloxis Pharmaceuticals (OMX: VELO, formerly LifeCycle Pharma A/S) are scheduled to present tomorrow.
Wednesday, 25 January 2012
Novo Nordisk tops clean capitalism list
Nordic companies are clearly overrepresented in Corporate Knights 8th annual ranking of the most sustainable companies in the world. Danish pharmaceutical company Novo Nordisk (OMX: NOVO B) was chosen as the most sustainable company by a wide margin. Last year Novo was down in 16th place. It scored particularly well in this study in energy productivity and in CEO vs. average employee compensation.
The idea of the list is to find companies who not only act in the interests of the business but also for the entire planet in doing so. That means that companies fully take social, economic and ecological costs and benefits into account. A situation where a company’s private optimum level of production differs from the social optimum due to externalities is one type of market failure, which is not normally addressed on the corporate level.
Other Nordic companies close to the top are oil producer Statoil ASA (OSE:STL) at number 3 and Danish biotech company Novozymes A/S (OMX: NZYM B) at number four. Aluminium producer Norsk Hydro ASA (OSE: NHY) and Swedish industrial group Atlas Copco (OMX: ATCO A, ATCO B)) round up the top ten.
Below the top ten one can also find Swedish telecom company TeliaSonera (OMX: TLSN, OMXH: TLS1V) at 13, oft-maligned oil refining and marketing company Neste Oil Oyj (OMX: NES1V) from Finland at 19, Danish wind turbine manufacturer Vestas Wind Systems A/S (OMX: VWS) at number 31, Swedish heavy trucks and buses manufacturer Scania AB (OMX: SCV B) at 36, Reverse vending machines firm Tomra Systems ASA (OSE: TOM) at number 39, Finnish retailing conglomerate Kesko Oyj (OMX: KESB) at 43, Norwegian financial services company StoreBrand ASA (OSE: STB) at 54, Swedish retail-clothing giant H & M Hennes & Mauritz AB (STO:HM B) at 67 and Danish medical devices firm Coloplast A/S (OMX: COLO B) on 84th place.
The idea of the list is to find companies who not only act in the interests of the business but also for the entire planet in doing so. That means that companies fully take social, economic and ecological costs and benefits into account. A situation where a company’s private optimum level of production differs from the social optimum due to externalities is one type of market failure, which is not normally addressed on the corporate level.
Other Nordic companies close to the top are oil producer Statoil ASA (OSE:STL) at number 3 and Danish biotech company Novozymes A/S (OMX: NZYM B) at number four. Aluminium producer Norsk Hydro ASA (OSE: NHY) and Swedish industrial group Atlas Copco (OMX: ATCO A, ATCO B)) round up the top ten.
Below the top ten one can also find Swedish telecom company TeliaSonera (OMX: TLSN, OMXH: TLS1V) at 13, oft-maligned oil refining and marketing company Neste Oil Oyj (OMX: NES1V) from Finland at 19, Danish wind turbine manufacturer Vestas Wind Systems A/S (OMX: VWS) at number 31, Swedish heavy trucks and buses manufacturer Scania AB (OMX: SCV B) at 36, Reverse vending machines firm Tomra Systems ASA (OSE: TOM) at number 39, Finnish retailing conglomerate Kesko Oyj (OMX: KESB) at 43, Norwegian financial services company StoreBrand ASA (OSE: STB) at 54, Swedish retail-clothing giant H & M Hennes & Mauritz AB (STO:HM B) at 67 and Danish medical devices firm Coloplast A/S (OMX: COLO B) on 84th place.
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