By Steve Scherer ( April 23, 2026, 21:07 GMT | Insight) -- RedCloud licensed its fast-moving consumer goods supply chain AI in a joint venture with a Saudi Arabian company, a move RedCloud’s CEO said can help the country navigate disruptions tied to the closure of the Strait of Hormuz. AbbVie entered a licensing agreement with Haisco to develop and sell new pain treatments in China. Fujitsu Limited signed an agreement to use Chugoku Electric patented technology, and finally, Sisvel’s point-of-sale patent pool gathered new members.RedCloud entered a joint venture with a Saudi Arabian company to license its fast-moving consumer goods supply chain AI, a step its CEO said could help the country manage difficulties linked to the war in Iran and the closure of the Strait of Hormuz. AbbVie secured an exclusive agreement to develop and commercialize new pain therapies from China-based Haisco. Meanwhile, Fujitsu Limited signed a deal to use patented power grid technology from Chugoku Electric, and Sisvel’s point-of-sale patent pool continued to expand with new participants....
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