Missouri graduate to share in invention profits under deal
KANSAS CITY, Mo. (AP) — A Missouri graduate who said his professor stole his invention for a drug delivery system will share in its profits under a settlement that also gives the University of Missouri System a cut of the revenue.
The Kansas City Star reports that Kishore Cholkar will get at least $1.4 million under the settlement for research done while he was working toward a doctorate at the University of Missouri-Kansas City.
The deal announced in December ended the university's nearly two-year court battle against former professor Ashim Mitra; the drug development company, Auven Therapeutics Management; and the manufacturer that brought Cequa to market, Sun Pharmaceutical Industries.