DECN SET TO APPEAL UNFAIR RULING IN COURT'S TERMINATION OF THE DECN CASE AGAINST INDUSTRY GIANT JOHNSON & JOHNSON
2018年10月30日 - 10:33PM
InvestorsHub NewsWire
COURT DECIDES AFTER
10 MONTHS TO MODIFY THE SEMINAL LEGAL QUESTION AT ISSUE, THEREBY
HANDING J&J AN EASY VICTORY THEY DO NOT DESERVE AND HAVE NOT
EARNED
Los Angeles, CA -- October 30,
2018 -- InvestorsHub NewsWire -- Decision Diagnostics Corp.
(OTC
PINK: DECN) is a 16 year old, diabetes-focused bio-technology
R&D firm, manufacturer, quality plan administrator, FDA
registered medical device customer support organization, and
exclusive worldwide sales and regulatory process agent for the
GenUltimate! ("Sunshine") diabetes test strip, the internationally
launched GenSure! ("Feather") diabetes test strip, and the clinical
trial in process GenChoice! ("Ladybug"). The company also
markets the PetSure! test strip for the diabetic testing of dogs
and cats, a diagnostic specifically designed to run on the market
leading Zoetis Alpha Trak meter system, the imminently ready
PetUltimate! Test strip and Avantage! meter set for commercial
launch in November 2018, and the panacea GenPrecis! ("Dragonfly")
diabetes testing system, ready for clinical
trials.
Last week DECH found itself on the wrong side of an inaccurate and unfair ruling by the Nevada Federal District Court in its long running patent battle with industry giant Johnson & Johnson (J&J). Specifically, the Court modified the questions at issue 10 months after the conclusion of the briefings and oral arguments. Rather than directing his ruling to the "equivalent" (which in DECN’s case is the J&J/LifeScan system), the Court instead directed its ruling to the system claimed in DECN’s patents. More specifically, the Court misrepresented DECN’s principal arguments with its ruling by mistakenly comparing DECN’s patented system to itself and ignoring J&J’s infringing system and the basis for DECN’s lawsuit.
Keith Berman, CEO of DECN,
commented, “We are obviously disappointed by the ruling,
However, upon analysis it appears that the trial judge’s ruling
ignored the entirety of DECN’s principal arguments and handed
J&J a victory, by incorrectly ruling that DECN made claims in
its pleadings and arguments about its system and patents, that are
wrong. The judge’s ruling ignored a comparison between the
accused (J&J) system and our system, and instead incorrectly
compared our patented system to itself.
Mr. Berman continued, “Although
egregious in itself, this Court also short circuited DECN’s right
to bring a false advertising claim in this action. J&J’s
Chairman, who had extensively discussed the workings of J&J’s
system in public forums and in the media, represented that
J&J’s system operated in a manner that if he were taken at his
word, infringed DECN’s patented system; a clear confession of guilt
to patent infringement. However, in their lawsuit defense,
J&J argued that their Chairman,“misspoke”. If this is
true, then J&J’s Chairman misspoke numerous times over an
extended period, and was never corrected by his staff.
J&J cannot have it both ways. Either their OneTouch Ultra
system is the equivalent to ours, which we believe to be true, or
the J&J Chairman’s public statements constitute false
advertising.”
In the upcoming appeal, DECN
will argue the highly erroneous nature of the Court’s unacceptably
misstated "tangential exception" question. That being said, the act
of comparing DECN’s system to itself was not the worst part of the
trial judge’s ruling. When the trial judge ordered the court
clerk to dismiss the lawsuit with prejudice, that act also
foreclosed DECN’s ability to bring a false advertising claim
against J&J in this case. The record in this lawsuit
strongly suggests that J&J engaged in false advertising on the
part of J&J’s Chairman who made numerous public statements to
audiences that had the effect of describing in detail DECN’s
patented system. The Court improperly foreclosed DECN’s
ability to seek justice for J&J’s false advertising in this
lawsuit, perhaps through a constitutional remedy.
Mr. Berman concluded, “We firmly believe that the Federal Circuit will easily follow our arguments, quickly conclude that the court's rulings should be reversed and that DECN will proceed with and prevail in its patent infringement and forthcoming false advertising claims. We intend for file our appeal quickly, but while the appeal is being fully researched and drafted, the company and its counsels will investigate whether the court actions rise to constitutional issues that need be addressed. The company plans a more detailed update as soon as the appeal is filed.”
ABOUT DECISION
DIAGNOSTICS CORP
Decision Diagnostics Corp. is
the leading manufacturer and worldwide distributor of diabetic test
strips engineered to operate on legacy glucose meters. DECN's
products are designed to operate efficiently and less expensively
on certain glucose meters already in use by almost 7.5 million
diabetics worldwide. With new inspired technology diabetic test
strips already in the final stages of development, DECN products
compete on a worldwide scale with legacy manufacturers currently
selling to 71+ percent of a $12 billion at-home testing
market.
Forward-Looking
Statements:
This release contains the
company's forward-looking statements which are based on
management's current expectations and assumptions as of October 29,
2018, regarding the company's business and performance, its
prospects, current factors, the economy, and other future
conditions and forecasts of future events, circumstances, and
results.
CONTACT
INFORMATION:
Decision Diagnostics
Corp.
Keith Berman (805)
446-2973
info@decisiondiagnostics.com
www.genultimate.com
www.petsureteststrips.com
www.pharmatechdirect.com
SOURCE: Decision
Diagnostics Corp.
Decision Diagnostics (CE) (USOTC:DECN)
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Decision Diagnostics (CE) (USOTC:DECN)
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から 11 2023 まで 11 2024