Biotech Investor Sues In Chancery Over Alleged IP Diversions

By Jeff Montgomery (August 26, 2024, 7:06 PM EDT) -- A private equity investor in biotech Vividion Therapeutics Inc., recently acquired by Bayer Corp. for up to $2 billion, sued the company's co-founder and others in Delaware's Court of Chancery on Monday, accusing them of secretly diverting to another company intellectual property worth "hundreds of millions, if not billions."...

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