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Nanoco Commences Patent Infringement Lawsuit
Nanoco Commences Patent Infringement Lawsuit.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \nRNS Number : 1361D Nanoco Group PLC 17 February 2020 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n \nFOR IMMEDIATE RELEASE 17 February 2020\n \nNanoco Group PLC\n(\"Nanoco, the \"Group\", or the \"Company\")\nNanoco commences patent infringement lawsuit against Samsung and is seeking damages and other equitable relief.\n \nNanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials emanating from its technology platform, today announces that it has filed a patent infringement lawsuit against certain defendants in the United States District Court for the Eastern District of Texas. The lawsuit claims infringement of Nanoco's U.S. Patent No.'s: US7,588,828; US7,803,423; US7,867,557; US8,524,365; US9,680,068. These patents relate to Nanoco's unique synthesis and resin capabilities for quantum dots.\n \nNamed as defendants in the lawsuit are: (i) Samsung Electronics Co. Ltd; (ii) Samsung Display Co. Ltd; (iii), Samsung Advanced Institute of Technology; (iv) Samsung Electronics Co. Ltd, Visual Display; and (v) Samsung Electronics America all of which are involved in the production or sale of components and fully assembled units for the display market, specifically televisions utilising quantum dots to significantly enhance the viewing experience of the user.\n \nIn the lawsuit, Nanoco alleges that each of the defendants has wilfully infringed the Company's patents and seeks a permanent injunction from further acts of infringement and significant monetary damages.\n \nNanoco has retained Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., an ...