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Biotech Business
Codon Devices and Blue Heron Biotechnology Announce Settlement of Dispute
April 19th, 2008
Codon Devices, Inc., and Blue Heron Biotechnology, Inc., announced that they have settled the dispute giving rise to the complaint filed by Codon Devices on March 14, 2007, in the Federal District Court for the District of Delaware regarding five U.S. patents. Four of the asserted patents are owned by Duke University (U.S. Patent Nos. 5,459,039; 5,556,750; 5,679,522 and 5,702,894) and one (U.S. Patent No. 5,750,335) is owned by the Massachusetts Institute of Technology. All five of the patents are exclusively licensed to Codon Devices. As part of the settlement agreement, Codon Devices has granted a perpetual, fully-paid sublicense to Blue Heron to continue to use error...
Source: Law & Health Weekly (2008-04-19)
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