Callisto Pharmaceuticals Files Suit Against Tapestry Pharmaceuticals for Breach of Confidential Disclosure Agreement.
PR Newswire Europe, December, 2006
NEW YORK, December 21 /PRNewswire/ --
Callisto Pharmaceuticals, Inc. (Amex: KAL; FWB: CA4), a developer of new drug treatments in the fight against cancer and other major health threats, announced today that it has filed a complaint against Tapestry Pharmaceuticals, Inc. (Nasdaq: TPPH), Leonard P. Shaykin and Kai P. Larson in the Supreme Court of the State of New York alleging that Tapestry used the information they obtained pursuant to a confidential disclosure agreement between the companies to cause Donald Picker, Ph.D., Callisto's Executive Vice President, Research & Development, to resign from Callisto and accept a position with Tapestry. In addition, Callisto is alleging that Tapestry fraudulently entered into the confidential disclosure agreement and...
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