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Patent litigation insurance: a win-win situation
PharmExec, 08/28/09
Sharing or offsetting the financial risks associated with litigation is not new. For over a decade, it has been possible for an individual pursuing a personal injury claim to purchase an insurance policy which covers the costs associated with losing or abandoning their claim. Litigation insurance is being used by many pharmaceutical companies, as a means of minimising the cost risks associated with litigation, as well as improving their tactical or negotiating position.
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