Brief: Court Confirms C-RAD's Entitlement To Patent Application

C Rad AB

26/07/2019 12:40

July 26 (Reuters) - C-Rad AB  CRADb.ST :
    * REG-STOCKHOLM PATENT AND MARKET COURT RESOLUTION OF DISPUTE OVER C-RAD’S CLAIM FOR
BEAMOCULAR
PATENT
    * COURT CONFIRMED C-RAD’S ENTITLEMENT TO THE PATENT APPLICATION “IONIZING RADIATION
DETECTING
DEVICE”
    * HAD LEGAL AND ASSOCIATED COSTS OF ABOUT 1.5 MSEK RELATED TO LAWSUIT, WHEREAS LARGEST PART
ALREADY BEEN ACCOUNTED FOR AS COST UNTIL Q1 2019
    * COMPANY BEAMOCULAR FILED FOR BANKRUPTCY IN MEANTIME
    * BEAMOCULAR STILL HAS RIGHT TO FILE AN APPEAL
    * DUE TO FINANCIAL SITUATION OF BEAMOCULAR, C-RAD MIGHT NOT GET REIMBURSED IN FULL

Source text for Eikon:  ID:nGNE6SKMZR 
Further company coverage:  CRADb.ST 

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