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Monday, August 05, 2013 2:46:18 PM
The decision by the Federal Court to award $48.6 mln in direct infringement damages as a result of Applera having infringed Enzo's patent relating to compounds used in DNA sequencing systems. The judge's ruling opens the way for Enzo's recovery of prejudgment interest on the damages award, which should exceed $25 mln in addition to the judgment.
This will allow the company to expand and move forward with its core business, which should increase the value of the company's stock.
Recent ENZ News
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