Just found this news release:
Andrx Denies Libelous Accusations
March 19, 1998 12:37 PM
FORT LAUDERDALE, Fla., March 19 /PRNewswire/ -- Andrx Corporation ADRX today denied as false and libelous the accusations publicly announced by Medix Resources, Inc. MDIX earlier today. In that announcement, Medix and its subsidiary, Cymedix Lynx Corporation, alleged theft and unlawful appropriation of computer medical software and communications technology by Andrx and its subsidiary, CyBear, Inc. Andrx says Cymedix's accusations and threatened claims have no basis in substantial fact or legal support. Work commenced on CyBear(R)'s software and technology prior to the dates cited by Cymedix and was independently developed or licensed by CyBear(R). Andrx and CyBear intend to vigorously defend these false accusations and spurious claims, and will be taking strong and appropriate counteractions.
Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. SOURCE Andrx Corporation ÿ |