Dallas, Texas – The StockGuru Spotlight – Yesterday, InSite Vision Incorporated (OTCBB: INSV) commented on the appeal by the University of California, San Francisco (UCSF) regarding the judgment of the United States Patent and Trademark Office (USPTO) panel that found in favor of InSite Vision in its patent interference litigation with UCSF.
The USPTO panel of judges confirmed the inventorship of InSite Vision’s U.S. Patent Nos. 6,239,113 and 6,569,443 protecting AzaSite® on November 25, 2011. The appeal was filed by UCSF with the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. on December 23, 2011.InSite Vision’s CEO Timothy Ruane commented in the press release: “We are disappointed that UCSF has chosen to appeal the judgment of the USPTO in this case. We strongly believe that the UCSF claims are entirely without merit as confirmed by the USPTO and we will continue to vigorously defend our position.”
We will continue to follow this one as it progresses.
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