GTG genetic technologies limited

following up on the presentation, the important matter re...

  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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