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The California Supreme Court agreed Wednesday to review a $500 million judgment against Genentech Inc. for failing to pay licensing fees to a medical research center. It was the largest award ever upheld in a published appellate decision in the state. The verdict had knocked the breath out of Genentech and others in the high-tech world who felt the court's decision could impede innovation. Disney, Intel Corp., Microsoft Corp. and other companies had entered the case on Genentech's behalf.
February 03, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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