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Illumina Found to Infringe on Syntrix Patents

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A federal jury in Tacoma, Wash. found the BeadChip array product manufactured by Illumina (NASDAQ: ILMN  ) infringed a patent of Syntrix Biosystems, and the life sciences tools maker was ordered to pay approximately $96 million in damages. However, charges that the infringement was willful, and that Illumina misappropriated trade secrets, were dismissed.

Strongly disagreeing with the jury's findings, Illumina said it will ignore the decision as it intends to file motions asking the court to vacate the jury's finding and rule as a matter of law that the BeadChip does not infringe Syntrix's patent. 

Illumina's president and CEO Jay Flatley said, "We will continue to sell the products that are the subject of this suit and no damages will be payable to Syntrix until all appropriate appeals have been taken, which may take a number of years."

The gene sequencing equipment maker contends its technology is based on technology licensed from Tufts University when Illumina was founded in 1998. "We continue to feel very strongly about our position that Syntrix's allegations are without merit," the executive continued, "and that, ultimately, our position will be vindicated."

Illumina develops, manufactures, and markets life science tools and integrated systems for the analysis of genetic variation and function, and derives product revenues from the sale of microarrays and DNA sequencing products.


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Rich Duprey
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Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.

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7/28/2015 4:00 PM
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