Chiron/Ortho and Abbott settle HIV and bDNA probe patent disputes via licensing pacts.
This article was originally published in The Gray Sheet
Executive Summary
CHIRON/ORTHO AND ABBOTT SETTLE HIV AND bDNA PROBE PATENT DISPUTES with an exchange of royalty bearing licenses, the firms announce April 1. Royalties to be paid by Chiron and Abbott "are retroactive to the individual dates of issuance" of the relevant patents "on a country-by-country basis," Chiron explains. Specific financial terms of the agreements were not disclosed.
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