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AccessMyLibrary    Browse    T    The Boston Globe (Boston, Massachusetts) (via Knight-Ridder/Tribune Business News)    MAR-01    California-Based Genentech Sues Genzyme over Drug-Patent Royalties.

California-Based Genentech Sues Genzyme over Drug-Patent Royalties.

Publication: The Boston Globe (Boston, Massachusetts) (via Knight-Ridder/Tribune Business News)

Publication Date: 26-MAR-01
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COPYRIGHT 2001 The Boston Globe

Byline: Ronald Rosenberg

Mar. 16--Genentech Inc. filed a lawsuit yesterday challenging Genzyme Corp.'s interpretation of a 9-year-old agreement under which Genzyme contends it would be owed royalties from Genentech's clot-busting agent TNKase.

"We are very surprised that they have sued us," said Thomas J. DesRosier, Genzyme's senior vice president and chief patent counsel. "TNKase is a second-generation drug that, under a 1992 settlement beween us, calls for them to pay us royalties. But I did not...

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