Pharma Industry
Industry: Email Alert RSS FeedIMCOR, Alliance, Molecular Biosystems, and GE Healthcare enter into cross-licensing agreement for ultrasound contrast patents.
BIOTECH Patent News, September, 2005
IMCOR Pharmaceutical Co. (San Diego, CA), Alliance Pharmaceutical Corppration (San Diego, CA) and its wholly owned subsidiary, Molecular Biosystems, Inc., have concluded an agreement with GE Healthcare Ltd., resolving disputed patent claims in the case captioned IMCOR Pharmaceutical Co, Alliance Pharmaceutical Corp. and Molecular Biosystems, Inc. v. Amersham Health, Inc., Amersham Health AS and Amersham plc., Civil Action No. 03-2853 (SRC), filed in the United States District Court, District of New Jersey.
Under the terms of the settlement, all parties granted each other a non-exclusive, royalty-free cross-license with the right to sub-license their respective ultrasound contrast agents. The parties will have the right to further develop and commercialize...
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