In Brief: Becton Dickinson v. Quidel
This article was originally published in The Gray Sheet
Executive Summary
Becton Dickinson v. Quidel: Firms reach settlement agreement on a patent infringement suit alleging that several Quidel products infringe on two Becton Dickinson patents for analytical chemistry tests ("The Gray Sheet" April 14, In Brief). Under the terms of the agreement Quidel will pay a cash license fee and royalties on net sales of the products beginning April 1, 1997. Quidel also will license its Q-Label technology to BD in exchange for royalties on future sales. Noting that it "has opportunities to mitigate the impact" of the additional expense through sales growth and improved margins, Quidel estimates that the annual cost of the settlement to the firm will be approximately $1.9 mil. Quidel continues to maintain that its products to not infringe the BD patents...