Columbia University Axel patent saga ending soon?
from The Chronicle of Higher Education:
Columbia University is winding down a legal fight with biotechnology companies that sued the university in 2003 and accused it of illegitimately trying to extend its monopoly on a research discovery patented in the early 1980s.
Over the past five months, the university has resolved its disputes with all but one of the companies that had been pursuing the case. The most recent settlement, with Biogen Idec MA and the Genzyme Corporation, came early last month, according to Columbia's lawyer, David I. Gindler.
The patents were by Columbia professor Richard Axel, a Nobel Prize winner last year. Axel created a way to splice bits of DNA into living cells to create human proteins, a technique vital to drug manufacturing for which Columbia's patents had expired in 2000.
Biogen Idec, Genzyme and others sued Columbia in 2002 after the school won a new patent for proteins derived from Axel's research and sought additional royalties.
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