Biotech Sues Patent Management Firm For Overcharging

By Kelly Knaub (July 23, 2015, 7:16 PM EDT) -- Cardiovax LLC was overcharged tens of thousands of dollars by intellectual property manager CPA Global North America LLC, after K&L Gates LLP stopped offering foreign patent renewal services and got the biotech client to sign a deal with CPA, according to a recent suit in California court.

A developer of vaccines to treat and prevent cardiovascular disease, Cardiovax had relied on K&L Gates to renew Cardiovax patents until summer 2012, when the law firm decided it no longer wanted to handle foreign patent renewals for its clients, according to Monday's complaint. K&L Gates — which is not a party in the...

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