tiprankstipranks
Axion BioSystems ‘vigorously refutes’ Agilent allegations
The Fly

Axion BioSystems ‘vigorously refutes’ Agilent allegations

The company said, "Axion BioSystems vigorously refutes a recent filing by Agilent Technologies claiming patent infringement and false advertising As a recognized biotechnology innovator and owner of numerous patents over 14 years, Axion BioSystems expects its competitors to respect its intellectual property rights, just as Axion respects the intellectual property rights of its competitors. But when competitors make allegations that are without merit, Axion must robustly defend itself. At issue are Agilent Technologies’ spurious allegations of false advertising and claims that certain of Axion’s live-cell analysis products infringe three Agilent patents. In rebuttal, Axion rejects any claims of patent infringement and stands by the technological capabilities of its products. Axion is confident that it does not infringe Agilent’s patents and that those patents will ultimately be proven invalid. Axion looks forward to vindicating its rights in court and obtaining a successful outcome against Agilent. Axion BioSystems will continue to advance the frontiers of live-cell analysis as a market innovator to accelerate biomedical discoveries."

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on A:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles