Request Legal Help Now - Free

Advertisement
LAWSUITS NEWS & LEGAL INFORMATION

Biotech Patent Infringement

This is a settlement for the Trademark, Copyright, Patent lawsuit.

Cambridge, MA: (Mar-31-08) Codon Devices, Inc. brought a patent infringement lawsuit against Blue Heron Biotechnology, Inc., in the Federal District Court for the District of Delaware regarding five US patents the company allegedly infringed. Sources stated that four of the asserted patents are owned by Duke University and the other by the Massachusetts Institute of Technology. The suit claimed that all five of the patents are exclusively licensed to Codon Devices.

Sources stated that the two sides reached a settlement in the dispute, in which Codon Devices has granted a perpetual, fully-paid sublicense to Blue Heron that will enable the company to continue to use error correction technology as currently employed in its commercial gene synthesis activities. The deal will also provide a release with respect to Blue Heron's past activity. Following the signing of the agreement, Codon Devices will request that the Court dismiss the complaint with prejudice. Sources on both sides refused to disclose the financial terms of the settlement agreement, but stated that that they were pleased with the outcome of the litigation. [BUSINESS WIRE: CODON DEVICES AND BLUE HERON BIOTECHNOLOGY ANNOUNCE SETTLEMENT OF DISPUTE]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Apr-1-08


ADD YOUR COMMENT ON THIS ISSUE

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free