Chiron Corporation (CHIR) And SourceCF, Inc. Announce Settlement Agreement; Lawsuit Over Product-Marketing Practices Resolved To The Satisfaction Of Both Parties
10/19/2005 5:12:56 PM
EMERYVILLE, Calif. & HUNTSVILLE, Ala.--(BUSINESS WIRE)--March 4, 2005--Chiron Corporation (Nasdaq:CHIR), SourceCF Inc., and SourceCF Clinical Research and Development L.L.C. today announced that they have reached a settlement of the lawsuit initiated by Chiron in October 2004. The case was resolved to the mutual satisfaction of the parties in order to avoid the time, expense and risk of continuing litigation. The specific terms of the parties' agreement are confidential, but neither of the SourceCF entities admitted any liability.
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