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Cellectis and Regeneron Resolve Licensing Dispute

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- Earlier this month, Cellectis SA, based in Romainville Cedex, France, announced that it had reached an agreement with Regeneron Pharmaceuticals, Inc., of Tarrytown, NY, concerning the use of the French biotech company's homologous recombination patent estate. Under the agreement, Regeneron would pay the French biotech company $12.45 million for the use the Cellectis patents. Cellectis noted that the agreement resolved a more than four-year-old dispute regarding a licensing agreement the companies entered into in December 2003. According to Cellectis' press release, the dispute concerned the interpretation of the 2003 agreement, which encompassed patents and patent applications...

Full post as published by Patent Docs on July 14, 2008 (boomark / email).