Business
Settlement of Litigation
Settlement of Litigation.
About this update from Rua Life Sciences Plc
[{"type":"text","content":"\n \nRNS Number : 9287Y AorTech International PLC 11 December 2017 \n\nAorTech International plc\n(\"AorTech\"or the \"Company\")\n \nSettlement of Litigation\n \n \nFurther to its announcement on 20 November 2017, AorTech International plc (AIM: AOR), the biomaterials and medical device IP company, announces that the Foldax Defendants and the Company have amicably resolved their dispute and the terms of settlement have been incorporated into a confidential settlement agreement.\n \nBill Brown Chairman of AorTech, commented: \"I am pleased to announce this settlement agreement which brings to an end the ongoing dispute. We now look forward to focusing on developing AorTech's IP assets.\"\n \nDefined terms used in this announcement have the same meaning as in the Company's announcement of 20 November 2017. \n \nFor further information contact:\n \nAorTech International plc Tel: +44 (0)7730 718296 \nBill Brown, Chairman \n \nStockdale Securities Limited Tel: +44 20 7601 6100 \nTom Griffiths/El Hanan Lee &...