Nanoco Group PLC - quantum dots developer - Says it is "pleased" with final report on Markman hearing, a pretrial stage in which a judge defines keyword constructions in patent disputes. Says judge effectively rejected four of the five constructions proposed by Samsung and rejected one of the constructions proposed by Nanoco. In four of the five patents in the case, Nanoco's constructions were upheld and in the fifth patent Nanoco and Samsung each had one construction upheld.
"While this is just one further step in a lengthy process, it is positive in respect of the credibility of Nanoco's patents and therefore maintains our confidence in our case that Samsung wilfully infringed our intellectual property ahead of the trial in October," says Chief Executive Brian Tenner.
Current stock price: 27.80 pence, up 8.4% on Wednesday
Year-to-date change: almost tripled from 10.30p on December 31
By Evelina Grecenko; evelinagrecenko@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Nanoco (NANO)