GREY:ABGPF - Post by User
Post by
goldmember1981on Feb 08, 2016 10:58am
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Post# 24535365
Neither Group will win in a lawsuit - bad news for both
Neither Group will win in a lawsuit - bad news for bothFrom NGC news:
A competitor of the company, whose chief executive officer is a former executive of Northern, recently released a preliminary economic assessment, which is based on a "proprietary low-temperature purification process" claimed as its own. Northern believes there is sufficient information in the preliminary economic assessment to conclude that this process is essentially a copy of the one developed by Northern at considerable time and expense. Northern considers its process to be proprietary intellectual property that is protected as a trade secret and confidential information at common law and through confidentiality agreements which remain in force. Any attempt to use the technology will be met with the appropriate legal response. Reagent consumption and reaction times are very low when the process is used on Northern's concentrates, and this may not be the case for others.