Applied Biosystems wins increased US award but loses Japanese patent.
The damages are comprised of $31.9 million against MJ Research and $1.8 million each against Michael Finney, MJ Research's chief scientific officer and co-founder, arm John Finney, president of M] Research. Applied Biosystems has also filed a motion for permanent injunction against further sales of MJ Research's infringing products in the US. Bio-Rad acquired MJ Research last year (see IBO 6/15/04) and set aside a $50 million litigation accrual for litigation. As for the Japanese patent, last year Germany revoked the same patent (see IBO 6/30/04), allowing MJ Research and other vendors to sell their real-time PCR products in the country.
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|Title Annotation:||Executive Briefing: News, Trends & Market Intelligence for Instrument Executives|
|Publication:||Instrument Business Outlook|
|Date:||Apr 15, 2005|
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