Adocia walks away empty-handed in latest Lilly IP dispute

23 August 2019

The American Arbitration Association Tribunal has dismissed claims from France’s Adocia (Euronext: ADOC) that Eli Lilly (NYSE: LLY) misappropriated and misused company secrets.

The tribunal also blocked a countersuit from Lilly, stating that Adocia concealed the relevant discoveries and confidential information at the heart of the claims.

The decision should mark the final twist in a long-running legal dispute between the firms, arising from a collaborative research and license agreement in the area of diabetes.

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