University of Florida Research Foundation initiates court case


University of Florida Research Foundation initiates court case

The University of Florida Research Foundation Inc. (UFRF) has filed a
lawsuit in United States federal district court in Florida against
Diamyd Medical claiming that UFRF is entitled to a percentage of the
license fee paid to Diamyd Medical by Ortho-McNeil-Jansen
Pharmaceuticals, Inc. (OMJPI). Diamyd Medical has licensed certain
rights from UFRF, and these rights were among the rights that Diamyd
Medical sublicensed to OMJPI. Diamyd Medical is working with its U.S.
legal counsel to settle this matter.

The outcome of this matter is deemed not to have a material impact on
Diamyd Medical.

For more information, please contact:
Elisabeth Lindner, President and CEO Diamyd Medical AB (publ.)
Phone: +46 8 661 0026

Attachments

02112137.pdf