MIT, Repligen Win $65M Settlement from ImClone in Erbitux IP Infringement Row | GenomeWeb
ImClone Systems has agreed to pay $65 million to settle a lawsuit with Repligen and the Massachusetts Institute of Technology claiming ImClone infringed upon a core protein-production patent with its manufacture and sale of the monoclonal antibody cancer drug Erbitux.
The settlement, MIT’s second major patent-related litigation win in the past three months, will net the school as much as $25 million, less Repligen’s legal fees.

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Register for Free Content
You can still register for access to our free content.

Fast Company takes a look at startups in the nutrigenomic space that aim to offer personalized diet advice.

In a glamorous event, the Breakthrough Foundation gave out more than $25 million in prizes to researchers.

Immunotherapy might treat cancer, but it also appears to come with a risk of a number of side effects, the New York Times reports.

In PLOS this week: RNA-seq, ChIP-seq to determine metformin response; array-based approach to detect protozoa in blood; and more.