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AstraZeneca has announced that it is making over 7,000 of its 61,000 worldwide staff redundant as a cost-cutting measure, in light of its falling revenues and the patent cliff. The patent cliff is the...
New data protection proposals announced for the EU
The European Union Justice Commissioner Viviane Reding has launched the European Commission’s proposals for the reform of the data protection regime in the EU, with the aim of increasing a person’s...
ICO fines Midlothian Council £140,000 for sending details about children and carers to wrong people
The Information Commissioner’s Office has fined Midlothian Council £140,000 for sending sensitive personal data about children and carers to the wrong people on five separate occasions in the first...
Internet economy to double from 2010 to 2016
The Internet economy across the G20 countries is set to rise from US$2.3 trillion in 2010 to US$ trillion in 2016. A big driver will be the growth from the emerging economies and growth of mobile devices...
Professor Brian Smith seminar on “Future of Pharma” well-received
MAB, in association with The Watford Chamber of Commerce, held an exclusive lunchtime seminar on Monday 23rd January 2012, entitled “The Future of Pharma” by Professor Brian D Smith. It was based...
Serious Fraud Office recovers dividends paid to innocent parent company for bribes paid by foreign subsidiary without parent’s knowledge
The Serious Fraud Office has successfully tried a new tactic in its enforcement of bribery and corruption laws. It has recovered the £130,000 in dividends paid to Mabey Engineering (Holdings) Limited...
Health Secretary promises to end postcode lottery ban by some PCTs on certain expensive NICE-approved drugs
Andrew Lansley, the Health Secretary, has promised to crack down on Primary Care Trusts that refuse to buy certain drugs because of their cost, despite the drugs' approval by NICE (the National Institute...
Court rules that there is copyright in the aspects of London tourism photo and not just the exact photo itself – Temple Island Collections v New English Teas, Patents County Court
Temple Island Collections had taken a particular photo to use on its London tourism merchandise. The photo included a red London bus on a bridge and framed by a building, with the bus roughly in scale...
European Commission to consult over website take-down procedures
The European Commission is going to consult this year over take-down procedures for websites. Under the Electronic Commerce Directive, websites have no liability for illegal content that they host as long...
AstraZeneca takes step forward to find partners to avoid effects of looming Patent Cliff
AstraZeneca, the UK's second biggest pharmaceutical company, has taken steps to counteract the severe consequences of the Patent Cliff. The Patent Cliff is the name given to the imminent loss of revenues...