GTG genetic technologies limited

presentation to us brokers, page-2

  1. 123 Posts.
    following up on the presentation, the important matter re applera update. note the term "strategic resolutions", now what could that possibly mean?

    regards
    ---------------------
    "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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