Fisher & Paykel Healthcare urges Government to shut patent loophole costing millions, threatening NZ manufacturing

Fisher & Paykel Healthcare urges Government to shut patent loophole costing millions, threatening NZ manufacturing
Fisher & Paykel Healthcare says it holds over 6,500 patents and applications globally. (Image: Supplied)
Michael Neilson
Fisher & Paykel Healthcare says a “loophole” in New Zealand’s patenting system has cost it millions of dollars in legal battles and threatens its ability to keep manufacturing here.The Auckland-based medical device-making giant is urging Parliament to move quickly on the Patents Amendment Bill, which it argues will close this gap.“The bill closes this loophole and is critical to our ability to continue manufacturing our products with confidence in New Zealand,” F&P Healthcare general manager of intellectual...

More Markets

ASB, IAG legal payouts prompt differing verdicts
Markets

ASB, IAG legal payouts prompt differing verdicts

ASB flagged the class action as a contingent liability.

Dairy prices fall for fourth straight auction, whole milk powder down 2.3%
Primary Sector

Dairy prices fall for fourth straight auction, whole milk powder down 2.3%

Prices have slipped again in the latest Global Dairy Trade auction, held overnight on Tuesday, with a 1.6% dip across the board.This was the fourth consecutive decline, following a 0.8% slide at the previous auction, a 4.3% decrease before that, and a 0.3% drop on Aug 19.Whole mi...

ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

NZ sharemarket up 0.3% despite business confidence drop
Markets Market Close

NZ sharemarket up 0.3% despite business confidence drop

The S&P/NZX 50 Index closed at 13,531.29, up 42.05 points or 0.31%.

Graham Skellern 07 Oct 2025