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Affymetrix and Incyte settle suits. (Executive Briefing: news, trends & market intelligence for instrument executives).

Palo Alto, CA and Santa Clara, CA 12/21/01--Affymetrix and Incyte Genomics have announced a settlement that ends all current infringement litigation between the two companies. Under the settlement, the two companies will cross license each other's intellectual property. Financial terms were not disclosed. The series of lawsuits began in 1998 when Affymetrix sued Incyte for infringement on five patents related to microarray technology. In 2000, Incyte filed a counter lawsuit alleging infringement on two of its RNA amplification patents. The companies stated that they are also considering future commercial agreements.

Incyte's incentive to settle these suits is its recent effort to restructure, which includes no longer manufacturing microarrays. Affymetrix already this year settled suits with Hyseq and Oxford Gene Technology, perhaps reflecting are organization of the company's priorities that emphasize immediate profitability and new partnerships over litigation.
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Title Annotation:Incyte Genomics
Comment:Affymetrix and Incyte settle suits. (Executive Briefing: news, trends & market intelligence for instrument executives).(Incyte Genomics)
Publication:Instrument Business Outlook
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 31, 2001
Words:139
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