Bio-Rad Settles Lengthy Licensing Dispute

Law360, New York (July 18, 2006, 12:00 AM EDT) -- Biotech company Bio-Rad Laboratories Inc. and bioMérieux, an in-vitro diagnostics maker, have settled a licensing dispute over virus patents.

The dispute was originally between bioMérieux and Pasteur Sanofi Diagnostics, but the California-based research and diagnostics firm Bio-Rad acquired Pasteur Sanofi in 1999 and inherited the dispute.

As part of the settlement, announced Tuesday, France-based bioMérieux granted Bio-Rad a license to use its Epstein-Barr virus patents. The settlement amount is confidential, but Bio-Rad is anticipating a one-time impact on its revenue of $10 to $12 million in...
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.