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Enzo, Siemens Resolve IP Infringement Case

NEW YORK (GenomeWeb) – Enzo Life Sciences today announced it and Siemens Healthcare Diagnostics have agreed to settle a dispute alleging patent infringement. 

As part of the deal, Siemens will pay Enzo $9.5 million upfront. Enzo is also eligible to receive up to $5 million in licensing fees depending on the sale of additional Siemens products during a five-year period. In return, Enzo discharges Siemens from any claim of infringement of US Patent No. 7,064,197. 

The patent is at the center of a dozen lawsuits that Enzo has filed against competitors alleging infringement of the '197 patent, as well as other patents. The settlement is the second reached by Enzo involving the '197 patent. Earlier this month, Luminex agreed to pay Enzo $7.1 million to settle their dispute.

Enzo Life Sciences is a wholly owned subsidiary of Enzo Biochem.

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