Nutrition 21 settles litigation
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- December
- 19
General Nutrition Corp. of Pittsburgh acknowledged in a court settlement that three patents held by Nutrtion 21 Inc. of Purchase are valid, the companies said this morning. The sides did not disclose other terms of their agreement to settle patent litigation that was pending in federal court in Texas. Nutrition 21 was claiming in the litigation that General Nutrition was advertising products containing chromium picolinate for uses that Nutrition 21 patents covered. Nutrition 21 shares were trading at $1.65, up 15 cents, at 9:45 a.m.
This entry was posted
on Tuesday, December 19th, 2006 at 11:05 am by Allan Drury.
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