Patent Litigation

Orchid settles with Saint Louis University, acquires primer extension patent

Published in Gene Therapy Weekly, September 12th, 2002

Orchid BioSciences, Inc., (ORCH) announced that it has settled its patent litigation with Saint Louis University by acquiring U.S. Patent No. 5,846,710 entitled "Method for the Detection of Genetic Diseases and Gene Sequence Variations by Single Nucleotide Primer Extension," from the University.

Financial details of the settlement were not disclosed.

The transferred patent is based on the work of Dr. S. Paul Bajaj, one of the first researchers to develop and patent a method for analyzing single nucleotide polymorphisms, or SNPs.

Orchid received full ownership of this patent, which also transfers to Orchid existing royalty-bearing...

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Source: Gene Therapy Weekly (2002-09-12)

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