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Biota settles with GSK over Relenza

This article was originally published in Scrip

Executive Summary

Biota of Australia has decided to settle in its litigation battle againstGlaxoSmithKline. Biota was suing the licence-holder of its flu treatment Relenza (zanamivir) for allegedly failing to adequately develop and market the product. Biota will receive a payment of A$20 million ($20 million), with each party bearing their own legal costs. Biota had been looking for between A$564 million and A$704 million.

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