NEW YORK, July 13 (GenomeWeb News) - Whatman said today that it has terminated a licensing deal with Schleicher & Schuell as part of a settlement agreement for a patent infringement lawsuit related to Whatman's FTA DNA isolation technology.
Whatman said it initiated the lawsuit in the
Under the terms of the settlement, Whatman has terminated a license agreement under which S&S was selling its IsoCode DNA storage products and has acquired some patents related to S&S's IsoCode technology. S&S will continue to supply the IsoCode products "for a transitional period," to a "limited number" of existing customers," Whatman said.
Whatman said it will also pay S&S $500,000 under the settlement agreement.