Waters Looking To Douse $48 Mil. Jury Award; Index Composite Flat In Q1
This article was originally published in The Gray Sheet
Executive Summary
Waters Corp. has asked the presiding judge in a federal patent infringement trial to review a $47.5 mil. jury award against the firm. A decision is expected by the end of May
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Applied Biosystems v. Micromass
Wilmington, Delaware federal court denies motion by Waters Corp. subsidiaries Micromass UK and Micromass to set aside a $47.5 mil. jury award, reached March 15, related to quadrupole mass spectrometer technology patent infringement (1"The Gray Sheet" April 8, 2002, p. 16). Total awarded damages of $52.6 mil. includes $5.1 mil. in pre-judgement interest...
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