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Church & Dwight Co., Inc. (CHD) Settles with Abbott Laboratories (ABT) (JOBS), SurModics Inc. (SRDX); Abbott to Pay $27 Million to Settle Patent Litigation



9/25/2009 7:13:57 AM

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Reuters -- Church & Dwight Co Inc (CHD.N) on Thursday said Abbott Laboratories Inc (ABT.N) will pay the company $27 million to settle patent litigation related to pregnancy diagnostic test kits, according to a regulatory filing. Abbott Laboratories, SurModics Inc (SRDX.O) and Church & Dwight, reached a settlement agreement on Sept. 17, the household and personal-care products maker said in a filing with the U.S. Securities and Exchange Commission.

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