The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNanoco Share News (NANO)

Share Price Information for Nanoco (NANO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 17.63
Bid: 17.60
Ask: 18.10
Change: 0.00 (0.00%)
Spread: 0.50 (2.841%)
Open: 17.63
High: 0.00
Low: 0.00
Prev. Close: 17.63
NANO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Nanoco confident as Samsung litigation moves to trial

Fri, 19th Aug 2022 13:16

(Sharecast News) - Quantum dots and nanomaterials developer Nanoco announced the start of the pre-trial conference in its litigation against Samsung on Friday, for the "willful infringement" of its intellectual property.

The London-listed firm said the pre-trial conference started on Thursday, and was still ongoing as a "normal part" of the judicial process being overseen by Judge Rodney Gilstrap of the Eastern District of Texas.

It said the judge rejected several motions by Samsung to exclude the testimony of Nanoco's technology expert and three of its damages experts.

Samsung's motion for summary judgement of non-infringement of the quantum dot patents was also dismissed by the judge, meaning the matter would now proceed to trial.

Nanoco said a number of other motions were ruled on during the conference, with no material surprises or disappointments for the company.

The judge agreed to issue a summary judgement order of non-infringement with respect to red quantum dots, which Nanoco did not oppose, as its strategy was focused on green dots to limit the number of arguments to be presented to the jury in the time-constrained one-week trial.

It said that would have "no impact" on the number of allegedly infringing units, as all television and monitor displays contain both green and red quantum dots, with the former outnumbering the latter in a ratio of around four to one.

The rulings were in addition to the previous public ruling by the judge that rejected Samsung's request to change the definition of a molecular cluster compound previously ruled on in the Markman hearing.

Nanoco said it expected the formal orders of the court to be handed down "shortly", but did not expect any material change in the decisions shown in the transcripts.

"We are in a strong position - the net result of rulings on the pre-trial conference motions preserve all of Nanoco's damages models and their expert testimony, as well as the full testimony of our technical expert Dr Brandi Cossairt," said chief executive officer Brian Tenner.

"The earlier rejection of Samsung's motion to reopen a Markman definition was also an important finding in Nanoco's favour.

"Being able to selectively choose the claims to bring to trial on the back of the emphatic win at PTAB has also undoubtedly added to this strength."

Tenner said the company could not be complacent, however, as the trial was still to come and its outcome was uncertain.

"However, the recent events noted above have added to the strength of our belief and confidence in our case.

"We continue to focus and work industriously towards a favourable outcome to the trial and a substantial inflection point for Nanoco's prospects and shareholder value."

At 1255 BST, shares in Nanoco Group were up 1.56% at 45.6p.

Reporting by Josh White at Sharecast.com.

More News
8 Jun 2022 15:27

IN BRIEF: Nanoco raises GBP5.7 million in fundraise; shares rise

Nanoco Group PLC - Manchester-based nanomaterial developer and manufacturer - Raises GBP2.3 million from a placing and subscription for new shares at a price of 37 pence per share. Company says its broker option was "very significantly" over-subscribed. The total amount raised in the fundraise amounts to GBP5.7 million before costs. End of year cash is now expected to be between GBP7.0 million and GBP7.5 million.

Read more
8 Jun 2022 11:05

SMALL-CAP WINNERS & LOSERS: Nanoco rises on "oversubscribed" fundraise

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
7 Jun 2022 20:06

IN BRIEF: Nanoco "confident" as judge lifts stay for Samsung trial

Nanoco Group PLC - Manchester-based nanomaterial developer and manufacturer - Says judge has lifted stay on Samsung trial to be held in Texas, rejecting Samsung's request for a further delay and ruling in favour of Nanoco to lift the stay. The pre-trial conference date has been set for August 16 and jury selection for September 12. The trial is expected to follow shortly after. "We were ready and confident to go to trial in September 2021. We won all 47 of our claims examined by the Patent Trial and Appeal Board in May 2022. This settled the issue of validity emphatically in Nanoco's favour. So we are ready and even more confident to go to trial in September 2022," says Chief Executive Brian Tenner.

Read more
6 Jun 2022 12:10

TRADING UPDATES: Nanoco ups outlook; Seeing Machines wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
6 Jun 2022 10:50

SMALL-CAP WINNERS & LOSERS: Avation flying after lease extension

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
17 May 2022 16:51

LONDON MARKET CLOSE: UK jobs data lifts pound and ECB hawk boosts euro

(Alliance News) - European equities had a better day on Tuesday, with even a UK jobs data-boosted pound unable to prevent London's FTSE 100 notching a third successive close in the green.

Read more
17 May 2022 11:14

SMALL-CAP WINNERS & LOSERS: Vitec orders, revenue and profit at record

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
17 May 2022 10:08

Nanoco shares jump 50% as US patent court rules against Samsung

(Alliance News) - Nanoco Group PLC said on Tuesday that the US Patent Trial & Appeal Board ruled in favour of the company's patent claims against Samsung Electronics Co.

Read more
12 Apr 2022 12:42

EARNINGS UPDATES: Parsley Box widens loss; M Winkworth profit doubles

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
12 Apr 2022 10:48

SMALL-CAP WINNERS & LOSERS: Asos shares shake off half-year loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
5 Apr 2022 16:34

UK earnings, trading statements calendar - next 7 days

Wednesday 6 April  
Applied Graphene Materials PLCHalf Year Results
Gresham House Energy Storage Fund PLCFull Year Results
Hilton Food Group PLCFull Year Results
Hyve Group PLCTrading Statement
Topps Tiles PLCTrading Statement
Wentworth Resources PLCFull Year Results
Thursday 7 April 
Alpha Financial Markets Consulting PLCTrading Statement
Attraqt Group PLCFull Year Results
Entain PLCQ1 Results
Robert Walters PLCQ1 Results
Tracsis PLCHalf Year Results
Friday 8 April 
CMC Markets PLCTrading Statement
Ferrexpo PLCTrading Statement
Monday 11 April 
Tortilla Mexican Grill PLCFull Year Results
Sirius Real Estate LtdTrading Statement
Tuesday 12 April 
ASOS PLCHalf Year Results
Cambridge Cognition Holdings PLCFull Year Results
Destiny Pharma PLCFull Year Results
easyJet PLCTrading Statement
Filta Group Holdings PLCFull Year Results
JD Sports Fashion PLCFull Year Results
Liontrust Asset ManagementTrading Statement
M Winkworth PLCFull Year Results
Moneysupermarket.com Group PLCTrading Statement
Nanoco Group PLCHalf Year Results
Pennon Group PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
17 Mar 2022 19:43

TRADING UPDATES: 4Global to top forecasts; Nanoco wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
30 Nov 2021 19:13

TRADING UPDATES: Zambeef sales continue climb; Watchstone files claim

TRADING UPDATES: Zambeef sales continue climb; Watchstone files claim

Read more
23 Nov 2021 15:58

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
8 Nov 2021 15:14

EXECUTIVE CHANGES: Woodbois hires former Compass executive as CEO

EXECUTIVE CHANGES: Woodbois hires former Compass executive as CEO

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.