Bio-Rad and QIAGEN Announce Patent Settlement and Cross-Licensing Agreement
July 26 2023 - 3:15PM
Business Wire
Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb) and QIAGEN N.V.
(NYSE: QGEN; Frankfurt Prime Standard: QIA), today announced that
the companies have agreed to settle their patent dispute pending in
the U.S. District Court of Delaware pursuant to a global settlement
and patent cross-licensing agreement relating to digital PCR
technology.
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the full release here:
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The settlement provides for a cross-licensing agreement between
Bio-Rad and QIAGEN granting each company mutual rights to their
respective digital PCR technologies.
About Bio-Rad
Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb) is a leader in
developing, manufacturing, and marketing a broad range of products
for the life science research and clinical diagnostics markets.
Based in Hercules, California, Bio-Rad operates a global network of
research, development, manufacturing, and sales operations with
over 8,300 employees and $2.8 billion in revenues in 2022. Our
customers include universities, research institutions, hospitals,
food safety and environmental quality laboratories, and
biopharmaceutical companies. Together, we develop innovative,
high-quality products that advance science and save lives. To learn
more, visit bio-rad.com.
About QIAGEN
QIAGEN N.V., a Netherlands-based holding company, is the leading
global provider of Sample to Insight solutions that enable
customers to gain valuable molecular insights from samples
containing the building blocks of life. QIAGEN provides solutions
to more than 500,000 customers around the world in Molecular
Diagnostics (human healthcare) and Life Sciences (academia, pharma
R&D and industrial applications, primarily forensics). In 2022,
QIAGEN had net sales of more than $2.1 billion and over 6,200
employees. Further information can be found at
http://www.qiagen.com.
BIO-RAD is a trademark of Bio-Rad Laboratories, Inc. in certain
jurisdictions.
QIAGEN is a trademark of QIAGEN N.V. in certain
jurisdictions.
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version on businesswire.com: https://www.businesswire.com/news/home/20230726552882/en/
Bio-Rad Investor Contact: Edward Chung 510-741-6104
ir@bio-rad.com Bio-Rad Media Contact: Anna Gralinska
510-741-6643 cc@bio-rad.com QIAGEN Investor Contact: John
Gilardi +49 2103 29 11711 ir@qiagen.com QIAGEN Media
Contact: Thomas Theuringer +49 2103 29 11826 pr@qiagen.com
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