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Actelion loses court case as crucial AGM looms

This article was originally published in Scrip

Executive Summary

Actelion is "disappointed, but respectful" of a decision by a US jury to award plaintiff Asahi Kasei Pharma up to $547 million in an ongoing case relating to the termination of a product licensing deal. The jury in the Superior Court of California, county of San Mateo, is continuing discussions on possible additional punitive damages in the lawsuit, brought by the Japanese firm in November 2009.

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