Dr. Milton Harris, a former UAH professor who turned his chemistry inventions into a successful biotechnology business, is being sued by the University of Alabama System trustees on claims that $197 million worth of his patents are their property. Harris and Nektar Therapeutics, the company that last weekend announced federal approval for a new inhalable insulin system it developed, are named in the federal lawsuit filed last summer. The insulin inhaler is not part of the suit. Attorneys for Harris and Nektar said that the claims are without merit, that Harris has acted with the highest integrity and that he vigorously denies the allegations.

Posted by GEN-ERIC at 02:36:31 am into the following categories: In The News

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