Intellectual Property
Patent Infringement
Medical Products
Abaxis Inc. v. Cepheid Inc.
Published: Oct. 20, 2012 | Result Date: Sep. 26, 2012 | Filing Date: Jan. 1, 1900 |Case number: 5:2010-cv-02840 Settlement – $17,250,000
Facts
Abaxis Inc. manufactured medical products for medical research and veterinary markets, and also provided reference lab services. Abaxis sued Cepheid Inc., alleging patent infringement related to Abaxis' reagent and chemical compositions and processes.
Result
Cepheid agreed to pay Abaxis $17,250,000 in settlement of the patent litigation.
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