DNA, City of Hope ruling upheld

The California Court of Appeal upheld a 2002 jury ruling in the Los Angeles County Superior Court that Genentech (DNA) breached its contract and fiduciary duty with the City of Hope National Medical Center (Duarte, Calif.) (see BioCentury Extra, Monday June 24, 2002). The jury ruled that DNA owes City of Hope compensatory damages of $300.2 million in royalties and awarded the City of Hope $200 million in punitive damages. DNA said it will seek to have the case reviewed by the California Supreme Court. ...