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Biotech / Medical : Centocor ( CNTO ) -- Ignore unavailable to you. Want to Upgrade?


To: amdiii who wrote (579)3/17/1998 8:26:00 PM
From: amdiii  Read Replies (2) | Respond to of 965
 
"Centocor will assume responsibility for the defense of certain RETAVASE-related patent litigation initiated against Boehringer Mannheim by Genentech in the U.S.and Germany. The expenses of such litigation will be shared by Roche, subject to certain limitations. In addition, Centocor will be reimbursed for certain liabilities that could result from this litigation and, under certain circumstances, will be refunded some or all of the purchase price."

This is from the 8-K filed by CNTO on 2-13-98. I would think that the suit filed today is simply adding CNTO to orginal litigation. In few words, this is old news and should not effect the share price.