Biopolymer Announces Settlements
July 21, 2003
Biopolymer Announces Settlements
EAGAN, Minn.Biopolymer Engineering announced reaching settlementsin its patent infringement suits against Levapan S.A. and Savoury SystemsInternational Inc. Under terms of the agreement, filed in U.S. District Court inMinnesota, the two companies recognize the validity of Biopolymers patentsrelated to beta-1,3/1,6 glucan and agree not to sell yeast-based beta-1,3/1,6glucan products in the United States.
We are pleased to have reached a successful settlement to this patentlawsuit that recognizes the validity of our beta-glucan patents and protects ourmarkets, said Richard G. Mueller, president and chief executive officer ofBiopolymer (www.biopolymer.com). Weappreciated the efforts of Levapan and Savoury Systems International in quicklysettling this lawsuit and look forward to a strong supplier relationship.
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