Genetic Technologies Settles Lawsuits With Covance And Nuvelo

Law360, New York (November 18, 2003, 12:00 AM EST) -- Two out of the three law suits filed by Australia's Genetic Technologies against U.S. biotechnology companies were settled in the United States last week, the company said in a statement.

Genetic Technologies said it settled its disputes with Nuvelo Inc. and Covance Inc., but gave no details of the terms of the agreement.

GTG remains in dispute with Applera Corporation, the parent company of Applied Biosystems, Celera Genomics and Celera Diagnostics.

Genetic Technologies sued the three major listed U.S. biotechnology companies in the U.S. District Court...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.