Inventions Pit Universities Against Professors

Law360, New York (February 8, 2006, 12:00 AM EST) -- A dispute between the University of Alabama and one of its former professors over biotech patents worth millions of dollars highlights the importance of clear rules about who owns academic inventions, experts say.

The University of Alabama has sued one of its former professors – who went on to become the founder of a multi-million dollar biotechnology company – on claims that lucrative patents held by him are rightfully the property of the university.

The suit, filed in an Alabama district court last July, charges Milton...
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.