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New York University v. Galderma Laboratories, Inc.
Case Number:
16-817
Court:
Nature of Suit:
4190 CONTRACT-Other Contract Action
Companies
Sectors & Industries:
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April 27, 2017
2nd Circ. Reverses NYU's $3.5M Award In Drug License Spat
The Second Circuit on Wednesday reversed a $3.5 million summary judgment in favor of New York University in a breach of contract dispute between the school and drugmaker Galderma Laboratories, finding that the district court had no basis to conclude the rosacea drug Oracea was or wasn't a licensed product.
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April 19, 2017
2nd Circ. Judge Rips NY Court's 'Crystal Clear Mistake'
A Second Circuit judge hearing the appeal of a $3.5 million summary judgment in favor of New York University in a breach of contract dispute between the school and drugmaker Galderma Laboratories Inc. told the parties Wednesday that U.S. District Judge Alvin K. Hellerstein made a "crystal clear mistake" of New York law in deciding the case.