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Daily news alerts

Reynolds ordered to pay Altria patent royalties, but at reduced rate…

Written by ECigIntelligence || 31st January 2023 || Daily news alerts | Companies | North America United States

US – general: A North Carolina federal judge has ruled that RJ Reynolds Vapor must pay ongoing royalties to Altria for a pod-style vape, after a $95m verdict last year found it was guilty of a patent infringement. The opinion reduces Altria’s demand from 10.5% to 5.25%, which Reynolds will have to pay quarterly until the last of Altria’s patents expires in » Continue Reading.
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