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Ann: Phosphagenics Mylan Arbitration Hearing Concluded, page-154

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  1. 2,890 Posts.
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    Hottod
    Thank you for your most detailed and accurate response to my post in relation to independent experts.
    The following is an extract from the FTI Consulting Newsletter dated 3/5/2017.Some of the wording here is pretty much the same that Phosphagenics has used when referring to the Mylan arbitration. [As a side issue in 2016 FTI Consulting helped generic drug maker Perrigo fight off an unsolicited takeover by Mylan].

    SINGAPORE INTERNATIONAL ARBITRATION CENTER
    FTIConsulting currently is providing economic damages consulting services on behalf of an international company that is in a global dispute related to two agreements: 1) a Master Research Agreement and 2) a Licensing Agreement related to developing and commercializing an enhanced delivery method for treatment of a variety of infectious diseases. The arbitration notices assert breaches of several provisions under the two relevant agreements, fraudulent or negligent misrepresentations, breaches of confidence and/or unjust enrichment in relation to intellectual property and commercial licensing terms, amongst others.
    LEIGHA BECKMAN DIRECTOR/BRIAN NAPPER SENIOR MANAGING DIRECTOR
    Subject Matter Experts
    We are conducting an extensive analysis of the relevant applications and estimating the economic impacts associated with each claim. A cross-segment and geographically dispersed team of FTI Consulting professionals are using the combined skills of forensic accounting, economic damages experience as well as extensive intellectual property expertise to provide multiple perspectives related to the claimed losses of the company.
    Kens
 
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