Back to top

Neogen acquires assets of Rivard Instruments

Asset Purchase Agreement

Neogen acquires assets of Rivard Instruments | Document Parties: Ideal Instruments, Inc | Neogen Corporation | Rivard Instruments, Inc You are currently viewing:
This Asset Purchase Agreement involves

Ideal Instruments, Inc | Neogen Corporation | Rivard Instruments, Inc

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: Neogen acquires assets of Rivard Instruments
Date: 12/4/2007
Industry: Biotechnology and Drugs     Sector: Healthcare

Neogen acquires assets of Rivard Instruments, Parties: ideal instruments  inc , neogen corporation , rivard instruments  inc
50 of the Top 250 law firms use our Products every day

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACT:               Richard Current

Neogen VP & CFO

517/372-9200

Neogen acquires assets of Rivard Instruments

LANSING, Mich., Dec. 4, 2007 — Neogen Corporation (Nasdaq: NEOG) announced today that it has acquired the assets of Rivard Instruments, Inc., of Winnipeg, Canada. Rivard Instruments and Neogen’s subsidiary, Ideal Instruments, Inc., are both manufacturers of detectable veterinary hypodermic needles.

The acquisition settles lengthy litigation between the two companies regarding numerous patents owned by each. The patent battles were centered on lawsuits filed by Ideal Instruments in federal courts in Iowa charging Rivard Instruments with patent infringement. A similar lawsuit in Canada was also settled as a part of this acquisition agreement.

Ideal Instruments and Rivard Instruments collectively own patents protecting the manufacturing and marketing of detectable veterinary hypodermic needles specially designed to reduce breakage during animal injections. The major advantage


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more