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Formycon/Fresenius Kabi and Samsung Bioepis Settlements with J&J and Janssen Biotech regarding Ustekinumab

LexBlog IP

On August 7, 2023, Formycon AG and Fresenius Kabi announced that they have reached a settlement with Johnson & Johnson (“J&J”) in the United States relating to FYB202, a proposed ustekinumab biosimilar to STELARA®, marketed by J&J. Economic terms of the settlement were not disclosed in the press release.

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Celltrion Stelara (Ustekinumab) Settlement With J&J

LexBlog IP

It has been reported that Celltrion has finalized a settlement with Johnson & Johnson (“J&J”) in the United States relating to CT-P43, Celltrion’s ustekinumab biosimilar to J&J’s STELARA®, which would permit Celltrion to launch the product in the U.S. market on March 7, 2025, if approved by FDA.

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NPE Showcase – Sockeye Licensing

LexBlog IP

This installment will focus on a company named Sockeye Licensing TX, LLC. Settlement agreements are typically confidential so the exact arrangement is unclear. But what we do know is Sockeye cannot sue a defendant for activity that is already licensed. So what happened?

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Fish & Richardson Obtains Settlement and License Agreement for Skull Shaver in Patent Infringement Dispute with Magicfly

Fish & Richardson Trademark & Copyright Thoughts

Fish & Richardson obtained a settlement and license agreement for Skull Shaver, LLC, the market leader in uniquely designed and patented handheld electric shavers and personal grooming products, in a patent infringement lawsuit against Magicfly LLC.

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3 Count: Truth Settles

Plagiarism Today

First off today, Chris Cooke at Complete Music Update reports that Lizzo has reached a settlement with her former collaborators over her hit song Truth Hurts. However, now the sides have reached a confidential settlement that brings the case to an end. Let me know via Twitter @plagiarismtoday.

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Gigi Hadid’s No-Defense Offense Pays Off in Copyright Default

Copyright Lately

And while plaintiffs often use lost licensing fees as a baseline for statutory damages, Ramales didn’t provide any licensing history for the image here. Default Judgments vs. Settlements: The Risk Calculation It’s hard to directly compare default judgment awards to settlement amounts, as settlements are typically confidential.

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3 Count: Free Cuthbert

Plagiarism Today

Finally today, Amar Mehta at Sky News reports that UK retailer Marks & Spencer has reached a settlement with German competitor Aldi over similar caterpillar cakes that both stores sold. However, now it is being reported that the two sides have reached a confidential settlement in the matter. However, the U.S.