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ARTICLE | Company News

Univax news

September 20, 1993 7:00 AM UTC

UNVX said arbitrators unanimously found in favor of the company in its dispute with Alpha Therapeutic Corp. over their license and distribution agreement to develop a program for the prevention and treatment of sepsis.

The arbitrators said UNVX did not wrongfully induce Alpha to enter into the Nov. 16, 1990 agreement, did not breach the agreement and did not wrongfully terminate the agreement. According to UNVX, the arbitrators found that Alpha breached the agreement and that notice of termination was properly given by UNVX. ...