GeneLink lawsuit
This article was originally published in The Rose Sheet
Executive Summary
New Jersey federal court preliminary injunction prevents LAB21 from using confidential information from collaborative effort to test market a DNA face cream featuring GeneLink's Proprietary SNP profiling methodology, firm announces Dec. 3. LAB21 agreed to a consent order, which dismissed the action, but makes the injunction enforceable until March 24, 2008. Genelink filed the lawsuit against LAB21 in March 2002, and is "very pleased" with the outcome, the company says. Terms of the settlement will not be disclosed...