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02/20/07

Genencor International Inc.’s parent Danisco A/S is liable to pay damages of $8.2 million in a patent infringement case related to an enzyme product, according to a Delaware court ruling in favor of Novozymes A/S. The Danish firm said that, under the ruling, the damages would be paid in the form of royalty, plus interest and a share of the opposing party’s legal fees. The parties have 10 days to agree on a form of the judgment reflecting the decision, and either party may appeal 30 days after the final judgment. Danisco officials said it will assess the legal reasoning of the decisions with regard to liability and damages.

Posted by GEN-ERIC at 01:26:19 am into the following categories: In The News


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