QDEL - Quidel more quick diagnosis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 21.31

+1.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Randy Atkins who wrote (807)	5/16/1997 11:29:00 AM
From: DeadHead	of 1693

Thanks for the number. Did anyone else notice drop-outs in the conference? I could only catch bits and pieces of the Q&A session. What I did catch is Frankel was very tight-lipped about the BDX lawsuit. A number of the questions were targeted at the lawsuit and my impression is that QDEL does have a strategy for handling it and seems pretty confident of its outcome. He gave no indication on whether they intend to settle or litigate, or when he would be able to update us with any new information, however. He also stated the lawsuit could affect 70-80% of their current sales. One question asked if QDEL might counter sue for the damages BDX has already done to QDEL's business. Frankle refused to answer. I think it's safe to assume that they're working with BDX on a settlement, but are also formulating a litigation strategy for backup and to leverage their negotiating position.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next