Cytochroma settles lawsuit with Genzyme
Business Law
Cytochroma, Inc., a company managed by former employees of Bone Care International, has announced the settling of a lawsuit filed in August 2006 by Genzyme Corp., the company that acquired Bone Care in 2005.
The lawsuit, in which Genzyme claimed that the former Bone Care employees had begun to develop the company's trade secrets into new products, was being adjudicated in the United States District Court, Western District of Wisconsin.
Genzyme filed the suit in August of 2006 against Cytochroma Inc., Proventiv Therapeutics, LLC, and the three former Bone Care International employees.
The complaint alleged the misappropriation of Vitamin D-related trade secrets, and has been formally dismissed. The terms of the settlement were not disclosed.
The three former Bone Care employees - Charles Bishop, Keith Crawford, and Eric Messner - formed Proventiv Therapeutics, which was acquired by Cytochroma in 2006.
Cytochroma is a pharmaceutical company that is developing products to treat and prevent diseases and disorders related to vitamin D hormone deficiency. The company is deciding whether to open an office in Madison.
Related listings
-
New York seeks probe of Wal-Mart for surveillance
Business Law 04/11/2007[##_1L|1228556092.jpg|width="100" height="114" alt=""|_##]New York City is seeking a probe of Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) over the retailer's reported surveillance of shareholders who submitted proxy petitions that could po...
-
Chrysler Gets Big Offer from Billionaire Kerkorian
Business Law 04/09/2007[##_1L|1216202670.jpg|width="100" height="107" alt=""|_##]Los Angeles billionaire Kirk Kerkorian's Tracinda Company said Friday that his 4.5-billion-dollar bid for Chrysler would be based on "a true partnership" of the automaker's management, workers...
-
Sony drops cost of PSP handheld game device
Business Law 04/04/2007[##_1L|1061100076.jpg|width="200" height="130" alt=""|_##]Looking to lure more American gamers, SONY Computer Entertainment America announced Tuesday it will cut the price of its handheld PlayStation Portable game device from 200 U.S. dollars to 170 ...
Victorville CA DUI defense Attorneys
The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.
The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.
Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .