following up on the presentation, the important matter re applera update. note the term "strategic resolutions", now what could that possibly mean?
regards
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"Licensing – Legal Update
• Applera
– Major US biotech with strategic market position (US$6bn market cap).
– Major success for GTG at the Markman hearing in Sept 04.
– Only 2 to 3% of cases in the US go to trial post Markman.
– Recent Court Mediation failed to reach settlement but parties still free to talk.
– Currently awaiting directions from the court that will set legal timetable to trial."
– GTG confident of its position. Pursuing “strategic resolutions”."
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