IMMD ImmuDyne, Inc. featured news, full reports, and detailed charts
ImmuDyne, Inc. (IMMD/IMMD.PK) Wrap Up:
ImmuDyne, Inc. is a nutraceuticals company specializing in scientifically-based dietary supplements and skin care cosmetics.ImmuDyne, Inc. (IMMD:OTC)
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Key developments for ImmuDyne, Inc. (IMMD)
The Court of Appeals for the Fourth District of Texas issues an OPINION that upholds the earlier Judgment that ImmuDyne Inc. is the owner of the following seven patents: (1) U.S. Patent No. 5,576,015; U.S. Patent No. 5,702,719; U.S. Patent No. 5,705,184; U.S. Patent No. 5,519,009; U.S. Patent No. 5,397,773; Europatent No. 0,500,718 B1; and Canadian Patent 2072145C. The court also upheld that ImmuDyne held an exclusive license to the '015 patent, '009 patent, and '773 patent beginning in 1998. Concerning a license issue only on the '184 and '719 patents, the Court of Appeals ordered this matter to be returned to the trial court for further evidence. ImmuDyne expects to fully prevail on this issue at the trial court. In addition, ImmuDyne cancelled any such possible conflicting license to Biothera due to Biothera's failure to pay required royalties. Thus, ImmuDyne does not view this matter as material going forward. Due to this one issue regarding licenses, the Court of Appeals remanded the award of attorneys fees for further consideration by the trial court. The Court of Appeals did uphold the basis for at least $325,000 in attorney's fees in ImmuDyne's favor, and ImmuDyne expects to prevail on this matter as well. ImmuDyne is the only lawful seller of products based upon these patents.
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More Recent News About ImmuDyne, Inc.
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New Patent Issued to ImmuDyne by the U.S. Patent Office
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ImmuDyne Announces Publication of New Cancer Study
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
