Breach of Contract article review

Essay specific features

 

Issue:

Business

 

Written by:

Crystal P

 

Date added:

March 14, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 666

 

Was viewed:

5877 times

 

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Essay content:

The lost royalties are from the sale of breakthrough gene-splicing technology developed by the center's scientists. By withholding royalties, Genentech breached a contract to pay the medical center 2 percent of all income generated by Genentech for licensing products using the gene-splicing technology to other companies...
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By withholding royalties, Genentech breached a contract to pay the medical center 2 percent of all income generated by Genentech for licensing products using the gene-splicing technology to other companies. The contract in question was signed August 1976 and, according to Genentech’s general council Sean Johnston, was one of the first biotechnology contracts written...
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