RAI Ra International Group Plc

7.75

0.00 (0.00%)

14 Jun 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Ra International Group Plc	LSE:RAI	London	Ordinary Share	GB00BDZV6W26	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	7.75	7.50	8.00	7.75	7.75	7.75	40,755	08:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Gen Contr-indl Bldgs & Whse	58.29M	194k	0.0011	70.45	13.45M

Reynolds American Wins Patent Case Against Star Scientific

16/06/2009 10:57pm

Dow Jones News

Ra (LSE:RAI)
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From Jun 2019 to Jun 2024

A federal jury ruled Tuesday for a unit of Reynolds American Inc. (RAI) in a high-stakes dispute with Star Scientific Inc. (STSI) over Star's patent claim for a new method of curing tobacco in a way that reduces certain cancer-causing toxins.

Star was seeking several hundred million dollars from RJ Reynolds Tobacco Co., alleging that the nation's second largest tobacco company encouraged its farmers to practice Star's invention without permission.

But after a four week trial, a jury in Baltimore sided with Reynolds.

A Reynolds spokesman acknowledged the verdict and said the company would have a statement soon.

A spokeswoman for Star couldn't immediately be reached for comment.

The jury verdict is an important marker in the case but likely will not be the last word in the dispute. Star is expected to appeal the ruling.

-By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@dowjones.com