Eli Lilly: fined by a court of arbitration
(CercleFinance.com) - Adocia announces that the court of arbitration has ruled in its favour regarding its first claim against Eli Lilly, and has awarded it 11.
6 million dollars as a milestone payment contractual, which has been disputed by Eli Lilly.
Adocia will separately seek interest, litigation fees and costs in addition to the damages awarded.
Adocia's additional claims against Lilly for misappropriation and misuse of its confidential information, filed in January 2018, remain pending and are set for hearing in December 2018, with a decision due in 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
6 million dollars as a milestone payment contractual, which has been disputed by Eli Lilly.
Adocia will separately seek interest, litigation fees and costs in addition to the damages awarded.
Adocia's additional claims against Lilly for misappropriation and misuse of its confidential information, filed in January 2018, remain pending and are set for hearing in December 2018, with a decision due in 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.