Everton Takes Initiative In IP Dispute

Law360, New York (October 26, 2006, 12:00 AM EDT) -- Everton Pharmaceuticals LLC launched a preemptive strike on Wednesday, suing a pair of rival pharmaceutical companies that had previously threatened it with a patent and trademark infringement lawsuit.

In its complaint, filed before the U.S. District Court in Raleigh, N.C., Everton accused Cornerstone BioPharma Inc. and J-Med Pharmaceuticals Inc. of unfairly injuring its reputation.

“Defendants’ allegations of infringement…place a cloud over plaintiff’s business activities and likely will cause uncertainty among customers, prospective customers, and others in the marketplace, leading plaintiff to lose revenues,” Everton said in...
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