After Intense Patent Litigation Bio-Rad And 10x Genomics Settle Through Cross Licensing

Recently, in an announcement made by Pleasanton, California based 10x Genomics, Inc. ("10x") with US Stock exchanges and SEC (Securities and Exchange Commission), the company informed that it has entered into a global settlement and cross-license agreement with Hercules, California, based Bio-Rad Laboratories, Inc ("Bio-Rad"). The agreement to cross-license single-cell technologies aims to resolve all outstanding litigation and other proceedings between the two companies across all jurisdictions around the world and dismissing all infringement claims with prejudice. With this settlement, legal proceedings between the companies before forums such as federal courts, the US International Trade Commission, and the US Patent Office Patent Trial and Appeals Board will be dismissed, ending one of the major legal, especially patent disputes in the biotech industry.