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Bristol to invest $2 mil. in Houghten drug discovery collaboration by project end, lawsuit discloses.

Executive Summary

BRISTOL TO INVEST $2 MIL. IN HOUGHTEN DRUG DISCOVERY COLLABORATION upon completion of the project, which applies Houghten Pharmaceuticals Inc. subsidiary ChromaXome's combinatorial biology to Bristol-Myers Squibb's microbe library for screening of new drug leads, according to statements made in an Oct. 7 lawsuit. The wrongful termination of employment suit was brought by ChromaXome's founders against Houghten and filed in San Diego federal court.



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