Published in Vaccine Weekly, July 31st, 2002
The biotech giant was ordered June 24, 2002, to pay City of Hope $200 million in punitive damages. Earlier in June the same jury ordered Genentech to pay the research hospital $300.1 million in compensatory damages.
Jurors found that Genentech failed to pay royalties on some drugs manufactured at City of Hope under the terms of a 1976 agreement.
Sean Johnston, Genentech's vice president of...
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Source: Vaccine Weekly (2002-07-31)
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