By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Genetic Technologies today said that it and Gen-Probe have settled an intellectual property lawsuit, which has resulted in Gen-Probe taking a license to Genetic Technologies' non-coding patents.

Genetic Technologies said that the license covers the worldwide activities of Gen-Probe related to its genetic diagnostics and analysis products. However, commercial terms of the license remain confidential, Australia-based Genetic Technologies said in a statement.

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