All Press Releases for October 24, 2023

FOLLOWING A PATENT INFRINGEMENT LAWSUIT, SOLUTEX HAS GRANTED KD NUTRA AND KD PHARMA A NON-EXCLUSIVE ROYALTY BEARING LICENSE TO SOLUTEX'S SPM PATENTS

The Parties have reached an agreement to dismiss the lawsuit.



    WINSTON-SALEM, NC, October 24, 2023 /24-7PressRelease/ -- On 17 July 2020 Solutex NA, LLC., filed a patent infringement lawsuit against Designs for Health, Inc., and later added Innova Softgel, LLC, (KD Nutra) and KD Pharma Bexbach, LLC to the lawsuit as defendants.

The lawsuit alleged that Designs for Health, KD Nutra, and KD Pharma infringed and were infringing certain Solutex's patents regarding Specialized Pro-Resolving Mediators (SPMs). Designs for Health, KD Nutra and KD Pharma deny all infringement allegations.

The Parties have reached an agreement to dismiss the lawsuit. Pursuant to the Parties' settlement, Solutex has granted KD Nutra and KD Pharma a non-exclusive royalty bearing license to Solutex's SPM patents.

About Solutex

Solutex is a leading global manufacturer and supplier of highly concentrated omega-3 EPA/DHA fatty acids Solutex, and focuses on biolipid research and innovation, critical to the development of next-generation formulas for the health and wellness industry. The development of Lipinova® is an innovation in immune-nutrition featuring Specialized Pro-resolving Mediators (SPMs) to support the body's natural capacity to resolve inflammation. Solutex is located in Europe with offices in Canada, South Korea and the USA.

Find out more at: http://www.SolutexCorp.com

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