‘I would sum up my fear about the future in one word: boring.’ —J.G. Ballard
In a patent dispute between two pharmaceutical giants arguing over who owns the royalty rights to a lucrative wound-dressing solution, […] three judges coined a new legal definition of “one”. […]
The ConvaTec patent covered any salt solution “between 1 per cent and 25 per cent of the total volume of treatment”. However, Smith & Nephew devised a competing product that used 0.77 per cent concentration, bypassing, or so it believed, the ConvaTec patent. […]
Their lordships concluded that “one” includes anything greater or equal to 0.5 and less than 1.5 – much to the chagrin of Smith & Nephew.