Edison Flash Note – 13 July 2020
In February Nanoco announced that it had filed a patent infringement lawsuit against Samsung. The lawsuit alleges that Samsung has wilfully infringed the patents relating to Nanoco’s unique synthesis and resin capabilities for quantum dots. Nanoco is seeking a permanent injunction from further acts of infringement and unspecified but significant monetary damages. Nanoco has now secured litigation finance for the lawsuit from a very large US litigation finance specialist, removing the need for Nanoco and its shareholders to fund the process.
Read the full note here: Edison Flash Note – Funding secured for patent infringement lawsuit