Women's Health Weekly
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Blood Banking
Cord blood bank wins legal victory
January 20th, 2005
A new judgment by U.S. District Court Judge Gregory M. Sleet dealt the second and final blow to PharmaStem in its Stem Cell Patent Case against CorCell, Inc. and three other defendants. The ruling of the court stated that, "There was no legally sufficient evidentiary basis for a reasonable jury to find that all, or any specific number, of the defendants cord blood units infringe the 681 patent." This judgment follows a September. 14, 2004 ruling by Judge Sleet stating that the defendants did not infringe on the 553 patent, the first of two PharmaStem patents in question. The earlier judgment overturned a $7 million award to PharmaStem. "This victory...
Source: Women's Health Weekly (2005-01-20)
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