Legal Issues
PreMD commences action in Ontario court
Published in Cancer Law Weekly, November 25th, 2006
PreMD Inc. (PMD; PME) has commenced an action in the Ontario Superior Court of Justice in Toronto against Dr. Abulkalam K.M. Shamsuddin, Stuart Brazier and Med-11 AG in connection with its 1998 license agreement with Shamsuddin, pursuant to which Shamsuddin granted an exclusive license to PreMD relating to certain intellectual property involving part of PreMD's cancer products, which include ColorectAlert, LungAlert and a breast cancer test.
In the action PreMD claims various relief, including: an injunction preventing what PreMD states would be an unlawful termination of the License Agreement by Shamsuddin, Brazier and Med-11; a declaration that PreMD has not breached...
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Source: Cancer Law Weekly (2006-11-25)
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