Law360, New York (November 19, 2009, 1:40 PM ET) -- OraSure Technologies Inc. has agreed to hand over $3 million to Inverness Medical Switzerland GmbH and Church & Dwight Co. Inc., putting an end to a patent infringement dispute over HIV antibody tests.
OraSure revealed the truce Thursday — including a wide-ranging licensing agreement between the parties — which would resolve litigation pending in the U.S. District Court for the District of New Jersey.
Under the deal, OraSure will be granted a worldwide, nonexclusive, royalty-bearing, lateral flow patent license for the OraQuick HIV-1/2 test and other...
OraSure To Pay $3M To Settle HIV Test Patent Suit
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