September 04, 2012
Agios Pharmaceuticals Inc. and Celgene Corp. have agreed to settle two lawsuits brought by the University of Pennsylvania in New York federal court over a former university researcher's alleged use of more than $1 billion worth of patentable, university-funded cancer research to form Agios, the companies announced Friday.
December 15, 2011
A nonprofit cancer research institute on Tuesday claimed a former employee has cost it at least $1 billion by using his patentable, institute-funded research to found a for-profit company that made a development deal with pharmaceutical giant Celgene Corp.