UGA To Pay Inventor $20M Over Restasis Patents

Law360, New York (April 6, 2010, 5:47 PM EDT) -- The University of Georgia Research Foundation Inc. has agreed to pay a former university researcher $20.2 million to settle a dispute over a patent licensing deal related to Allergan Inc. dry eye treatment Restasis.

The foundation reached the settlement with inventor Renee Kaswan after a two-day mediation, said Ed Tolley, an attorney at Cook Noell Tolley & Bates LLP who represents the foundation. Kaswan also confirmed the settlement, which resolves litigation in the Athens-Clarke County Superior Court in Georgia.

Kaswan claimed that the foundation had wrongly...
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