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DUA Pharmaceuticals, Inc.

DUSA Pharmaceuticals and New England Compounding Center announce favorable settlement

Published in Law and Health Weekly, May 13th, 2006

DUSA Pharmaceuticals, Inc. (DUSA) and New England Compounding Center (NECC) announced they have settled their respective claims against each other to end the lawsuit filed by DUSA in December of 2004.

DUSA's complaint (DUSA Pharmaceuticals, Inc. and Queens University at Kingston v. New England Pharmacy Compounding, Inc., Civil Action No. 04-12703-NMG U.S. District. Court, Mass.) alleged that NECC infringed and induced others to infringe two patents owned by Queens University and exclusively licensed to DUSA. NECC counterclaimed for unfair competition and interference with business relations. Under the terms of the settlement agreement, NECC does not admit any wrongdoing...

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