Undaunted by a Rough Q2, Nanogen Sticks to Plan for Clinical Diagnostics Market | GenomeWeb

Nanogen recently paid out over $5 million to settle a patent infringement suit with Motorola, Genometrix, and the Massachusetts Institute of Technology. This included $2.5 million in cash, $2.5 million in stock, and over $500,000 in litigation expenses.

For a larger company like Affymetrix or Incyte, this settlement, in which the company also licensed two claims to the patent at issue, might be easily sloughed off.

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