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News Breaks | | | | January 30, 2013 | | 08:10 EDT |  | NEPT | Neptune Technologies files ITC complaint against competitors Neptune Technologies & Bioressources announces that it has filed a complaint under Section 337 of the US Tariff Act of 1930 with the U.S. International Trade Commission, or ITC, alleging that Aker BioMarine AS, Aker BioMarine Antarctic USA, Aker BioMarine Antarctic AS, Enzymotec Limited, Enzymotec USA, Olympic Seafood AS, Olympic Biotec, Rimfrost USA, Bioriginal Food & Science, and Avoca, a division of Pharmachem Laboratories, are engaging in unfair trade practices by, at least, the importation, sale for importation, and sale after importation of certain krill-based products, namely krill paste and krill oils, that directly or indirectly infringe one or more claims of Neptune's U.S. Patent No. 8,278,351. Neptune is seeking an order prohibiting the respondents, their subsidiaries, related companies and agents from engaging in the importation, sale for importation, marketing and/or advertising, distribution, offering for sale, sale, sale after importation, or other transfer within the United States of certain krill-based products that infringe one or more claims of the '351 Patent. Neptune expects that the ITC investigation will formally commence within the next month or so, and that the case will take a total of about 15-18 months to conclude. | |
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| May 15, 2013 | | 08:44 EDT |  | NEPT | Neptune responds to Aker's attempts to deflect attention from patent dispute Neptune Technologies & Bioressources announces that the United States Patent and Trademark Office recently issued a NON-FINAL Action Closing Prosecution in a re-examination of Neptune's Patent No. 8,030,348. Aker BioMarine, in yet another clear attempt to shift focus from its ongoing infringement of multiple Neptune patents, issued a press release addressing the re-examination. However Aker neglected to disclose that the USPTO's decision to reject Neptune's claims regarding composition of matter was only one procedural step in the long process of re-examination. Neptune will have the opportunity to submit additional arguments stating its position before the USPTO renders a final decision. | | | 08:20 EDT |  | NEPT | Class action against Neptune Technologies dismissed Neptune Technologies & Bioressources announces that the previously announced class action lawsuit filed against Neptune and certain of its officers on December 19, 2012 by Robbins Geller Rudman & Dowd LLP in the United States District Court for the Southern District of New York was voluntarily dismissed by the plaintiffs, without prejudice. No payment was made by any of the defendants in connection with the dismissal. | |
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