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Biotech / Medical : HEMASURE (HMSR) - Buyout in the works? -- Ignore unavailable to you. Want to Upgrade?

To: bruce bell who wrote (34)	12/3/1997 12:18:00 AM
From: John Powell	Read Replies (1) \| Respond to of 88

You might be thinking of Pall's lawsuit with Micron. Just settled a few weeks ago.... Anybody know what's HMSRC cash burn rate is now? Haven't had time to d/l the latest 10-Q from Edgar.... >>> Nov. 17, 1997--Pall Corporation (NYSE:PLL) and Micron Separations, Inc. ("MSI") announced today that they have reached a settlement of their twelve year patent dispute. The settlement provides for MSI's payment to Pall of $13.5 million. In 1986, Pall sued MSI for infringement of Pall's patent on nylon membranes. The settlement resolves all litigation between Pall and MSI, as well as certain litigation between Pall and an MSI distributor. The settlement also provides that Pall agrees not to sue MSI for alleged infringement of Pall's nylon membrane patents, U.S. Patent Nos. 4,340,479 and 4,340,480. <<<<