Tuesday, December 01, 2015 4:41:27 PM
1-Dec-2015
Other Events
Item 8.01. Other Events.
An initial hearing in the District Court of Cologne, Germany was held on November 19, 2015 to consider claims brought by CorMedix Inc. alleging that its European competitor TauroPharm has acted in violation of the German Unfair Competition Act. The judge made no decision on the merits of our complaint. We expect that the court will issue an interim order in the first quarter of 2016 that will provide an overview of the case, and outline the document production and litigation process going forward.
Oral proceedings before the Opposition Division at the European Patent Office in Munich, Germany were held on November 25, 2015, at which the three judge patent examiner panel considered arguments related to the validity of our patent covering European Patent EP 1, 814,562 B1, also known as the Prosl European Patent. As with the unfair competition matter, we expect that this matter will be under review and consideration by the Office for some time, with a determination not likely to be made before mid-2016.
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