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In Brief: J&J v. Millenson

This article was originally published in The Tan Sheet

Executive Summary

J&J v. Millenson: Arbitrator determines Johnson & Johnson's premarket submission in France violated a milestone payment agreement in former Direct Access Diagnostic President and CEO Eliot Millenson's contract. Under the decision, J&J agrees to pay Millenson $500,000 for his role in developing the Confide home HIV test system. Millenson and J&J also are involved in ongoing litigation in New Jersey Superior Court over ownership of Direct Access ("The Tan Sheet" Aug. 5, p. 4). A court date to determine whether J&J will have to relinquish all Direct Access assets to Millenson has been set for Oct. 16...
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