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IP Australia shoots down Kyro Card’s payment processing patent
In the latest ruling on computer-implemented inventions, an IP Australia delegate has shot down fintech Kyro Card's bid to patent a payment system for offering rewards to shoppers, finding the invention was a business scheme implemented on a computer and not a manner of manufacture.
Audax Biosciences signs $2B deal with Astellas for cancer treatment
Japanese pharmaceutical company Astellas Pharma has signed a deal worth up to $2 billion with Melbourne-based start-up Audax Biosciences to secure future rights to develop and commercialise its new cancer treatment.
Actelion files fourth patent case over blood pressure drug
Swiss pharmaceutical company Actelion has brought a fourth patent infringement case over plans to launch a generic version of its blood pressure drug in Australia -- against Lupin unit Generic Health -- after firing off cases against three other drug makers. 
Sandvik defeats patent challenge over mining drill technology
Engineering group Sandvik Mining and Construction has prevailed in defence of a patent application for rotary drill technology used for underground mining.
CSIRO fights patent for detecting gender of chicken embryos
The CSIRO has lost its fight against Israeli ag-tech and biotech company eggXYt’s bid to amend its pending patent application for technology that claims to determine the gender of avian embryos, as the agency continues to oppose the patent's registration. 
Sun Pharma to licence IVF drug to win approval for $16.7B Organon deal
Indian generics giant Sun Pharmaceutical has offered to grant Ferring Pharmaceuticals a licence to sell a generic version of its IVF drug to win ACCC approval for its $16.7 billion takeover of US-based Organon.
IMB Bank accused of infringing fintech’s software copyright
IMB Bank has been hit with a lawsuit by a Perth-based fintech alleging the mutual bank breached the copyright and a licence agreement for its customer relations management software. 
Cipla says deal with Actelion over blood pressure drug should be kept secret
Cipla Australia wants an undertaking it intends to give pharma company Actelion over plans to launch a generic version of a blood pressure drug to be shielded from rivals Arrotex, Nova Pharmaceuticals and MSN Laboratories, as those companies battle patent infringement claims. 
Arrotex gets licence to sell Recce foot infection treatment
Arrotex has secured an exclusive licence to sell Sydney-based biotech Recce Pharmaceuticals’ experimental diabetic foot infection treatment in Australia and New Zealand.
Maxi-Cosi maker loses opposition to rival’s car seat patent
The maker of the popular Maxi-Cosi line of child car seats has lost its opposition to a rival's patent for a child car seat designed to reduce the risk of the safety tether breaking in a crash.