A promising future in academia and business beckoned Majid Abbasi. His research on how welding affects the properties of steel earned him a doctorate from Brigham Young University and a job offer from the University of Alabama. He was also seeking to patent and commercialize a technique he’d invented to improve cleaning of contact lenses.
Novartis AG ’s Ciba Vision unit asked a U.K. appeals court to reverse a ruling in an infringement lawsuit against Johnson & Johnson that its European patent for extended-wear contact lenses is invalid.
The U.S. Securities and Exchange Commission may seek sanctions against two former State Street Corp. executives accused of misleading investors in a bond fund involved in a $313 million settlement with the agency.
Google Inc. sent employees with ties to its secretive X research group to meet with U.S. regulators who oversee medical devices, raising the possibility of a new product that may involve biosensors from the unit that developed computerized glasses.