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Biotech / Medical : Cambridge Antibody Technology Group

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To: Jongmans who started this subject11/19/2003 5:33:33 AM
From: nigel bates  Read Replies (2) of 625
 
Another potential fly in the ointment:

Australia's Peptech: Resolves Dispute With Abbott
Tuesday November 18, 6:18 pm ET

MELBOURNE -(Dow Jones)- Australian biotechnology company Peptech Ltd. said Wednesday it has resolved a licensing dispute with Abbott Laboratories (NYSE:ABT - News) Inc. (ABT).

Terms of the agreement weren't disclosed in the statement sent to the stock exchange, but Peptech said the confidential resolution is expected to be finalized in the coming weeks and is subject to final approval by both companies.

Abbott had previously claimed that its sale of the Humira drug, a treatment for rheumatoid arthritis, didn't infringe licensed Peptech patents....
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