Quidel Settlement

17 June 1997

Quidel has settled a lawsuit filed against it by Becton Dickinson,alleging that Quidel's strep and chlamydia products, and some of its pregnancy and ovulation products, infringe two Becton patents. Quidel has received a license from Becton for both patents for a cash fee and will pay a royalty on all net sales of the products, back to April 1 1997. Quidel said that it has admitted no liability, but believes the settlement was warranted when balanced against litigation costs.

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