Source - Alliance News

Nanoco Group PLC - Manchester-based nanomaterial developer and manufacturer - Says judge has lifted stay on Samsung trial to be held in Texas, rejecting Samsung’s request for a further delay and ruling in favour of Nanoco to lift the stay. The pre-trial conference date has been set for August 16 and jury selection for September 12. The trial is expected to follow shortly after. ‘We were ready and confident to go to trial in September 2021. We won all 47 of our claims examined by the Patent Trial and Appeal Board in May 2022. This settled the issue of validity emphatically in Nanoco’s favour. So we are ready and even more confident to go to trial in September 2022,’ says Chief Executive Brian Tenner.

Current stock price: 40.62 pence

12-month change: up 60%

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