Nutra Pharma, Bio Therapeutics Settle Lawsuit

Law360, New York (October 9, 2003, 12:00 AM EDT) -- Nutra Pharma Corp. settled its lawsuit against Bio Therapeurics, the company said in a statement issued Tuesday.

As part of the settlement, Nutra Pharma will receive unlimited licensing rights to parts of Bio Therapeutics' intellectual property.

The settlement acknowledges that a wound healing technology developed by Nutra Pharma and Bio Therapeutics is the intellectual property of Nutra Pharma, the company stated....
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