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Article: Geron Announces Notice of Lawsuit.
- Article from:
- Business Wire
- Article date:
- August 14, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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News Editors/Health & Medical Writers
MENLO PARK, Calif.--(BW HealthWire)--Aug. 13, 2001
Geron Corporation (Nasdaq:GERN) announced today that it received a letter from the Wisconsin Alumni Research Foundation ("WARF") advising Geron that WARF has filed a lawsuit seeking a declaratory judgment against Geron with respect to Geron's option to negotiate certain exclusive rights in addition to those previously licensed from WARF.
Geron has an exclusive license from WARF for the human embryonic stem cell technology developed by Dr. James Thomson of the University of Wisconsin-Madison. Geron funded Dr. Thomson's research which resulted in the ...