BioLargo Revokes Pooph License, Cites $3.8 Million in Unpaid Fees and Contract Breaches; Litigation Looms Over Intellectual Property Rights

Reuters09-25
BioLargo Revokes Pooph License, Cites $3.8 Million in Unpaid Fees and Contract Breaches; Litigation Looms Over Intellectual Property Rights

BioLargo Inc., a cleantech company known for its sustainable technologies, has revoked the technology license previously granted to Pooph Inc. after Pooph allegedly failed to fulfill contractual obligations, including payments totaling approximately $3.8 million. As a result, Pooph is required to immediately stop marketing and selling any products that use BioLargo's patented technology and proprietary information. The dispute follows a successful business relationship that saw Pooph products, powered by BioLargo's technology, reach over $50 million in annual sales. BioLargo has emphasized its commitment to protecting its intellectual property and advancing its portfolio of technologies across various sectors.

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