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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quadnetics Grp | LSE:QDG | London | Ordinary Share | GB0007156838 | ORD 20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 290.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS No 2984w QUADRANT HEALTHCARE PLC 18th January 1999 Patent Judgement Appeal Lodged Following the announcement on 27 November 1998 concerning the judgement given by Mr. Justice Pumfrey in respect of litigation commenced by Quadrant Holdings Cambridge Limited ("QHCL") and Quadrant Bioresources Limited ("QBL"), both wholly owned subsidiaries of Quadrant, against Dr. Bruce Roser and certain companies controlled by or associated with him, Quadrant are able to confirm that costs of #460,000 were subsequently awarded against Dr. Roser and the other defendants. Notwithstanding that it has been claimed by the defendants that they are unable to meet this costs order, Quadrant intends fully to pursue all rights of recourse against them. Quadrant has recently been advised that the defendants have appealed against the costs award and certain aspects of the judgement being those relating to the termination of the agreement between QHCL and Quadrant Research Foundation, infringement of the base patent and the ownership of the patent applications filed by the defendants after Dr. Roser was dismissed from Quadrant. It should be noted that the validity of Quadrant's base patent and the order requiring Dr. Roser to execute certain documentation in connection with the prosecution of Quadrant's patents have not been challenged in this appeal. Commenting on today's announcement, Iain Ross, Chief Executive of Quadrant, said: "We have every confidence that this appeal will be dismissed and have been informed by our lawyers that the amount of management time required to defend the appeal will be limited." Enquiries: Quadrant Healthcare plc Tel: 0115 9747474 Iain Ross, Chief Executive Raj Uppal, Finance Director Gavin Anderson & Company Tel: 0171 457 2345 David Yates / Jane McLeod-Scott END MSCKLGMMZRGLLMM
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