Insmed Inc (INSM): recent injunction against Abbot labs in...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	0
Posts	55
Boards Moderated	0
Alias Born	01/04/2006

plumbobt

Re: None

Friday, 01/12/2007 1:29:45 PM

Friday, January 12, 2007 1:29:45 PM

recent injunction against Abbot labs in patent dispute:

http://www.genengnews.com/news/bnitem.aspx?name=11220742

Court Permanently Halts Abbott's Sale of HCV Genotyping Products for Infringing Innogenetics' Patent
Jan 11 2007, 11:52 AM EST
GEN News Highlights

Innogenetics reported that a U.S. court entered a permanent injunction against Abbott Laboratories, prohibiting the company from selling or using products, including components, that infringe on Innogenetics' patented Hepatitis C Virus genotyping technology. The injunction also prevents Abbott from exporting components of the infringing products to foreign countries.

In September 2006 a jury unanimously found that Abbott had willfully infringed Innogenetics' U.S. patent 5,846,704 and awarded the company $7 million in damages.

The U.S. District Court for the Western District of Wisconsin made the ruling at the close of an evidentiary hearing to determine the potential public impact of a permanent injunction against Abbott. Last week, the court found that Innogenetics suffered irreparable harm from Abbott's infringement