Tiny Biotech Company Wins $48M Trade Secret Award

Law360, New York (December 21, 2005, 12:00 AM EST) -- After a six-year feud over a potential blockbuster drug, a small family-owned pharmaceutical company has been awarded $48 million from a biotechnology firm accused of illegally licensing its patents.

The jury award, granted to AlphaMed Pharmaceutical Corp., is vindication for the company, which was founded by patent attorney and has struggled to convince authorities that rival Arriva Pharmaceuticals Corp. had “stolen” its technology.

AlphaMed founder and research chemist John Lezdey sued California-based Arriva in January 2003, in the U.S. District Court for the Southern District of...
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