Contact Us
Office Phone
886-2-2771-3403
E-Mail
jihshun@wpto.com.tw
TOP
Quick application

Contact us

Home
WashU, Wisconsin take battle over AbbVie drug patent to court
2018-03-28
 

IP News

Home > IP News

WashU, Wisconsin take battle over AbbVie drug patent to court

WashU, Wisconsin take battle over AbbVie drug patent to court

2018-03-28

For more than a decade, two Midwestern research universities happily collected patent royalties after partnering in medical research. Now, their lawyers sit at opposing tables in a federal courthouse in Delaware, treating each other in something less than a collegial manner.

Washington University in St. Louis is challenging the Wisconsin Alumni Research Foundation, which handles licensing for the University of Wisconsin-Madison, citing "shabby treatment" by its former partner. It's seeking more than $38 million of the royalties the foundation gets from the sale of an AbbVie kidney disease drug.

It's rare for universities to sue one another, especially when those institutions joined in a patent-licensing deal with a corporation. But the value of patents, coupled with tightening revenue streams, is inspiring more schools to fight for a greater share of royalties. In another case in the same courthouse, Cornell University is accusing a business partner of defrauding it in a settlement of a suit over patent royalties.

Soure: http://www.chicagotribune.com/business/ct-biz-washu-wisconsin-zemplar-abbvie-patent-20180328-story.html