Natural Alternatives International, Inc. (NAII) said Thursday that it has entered into a settlement agreement to provide BPI Sports, LLC and Image Sports, LLC with its patented CarnoSyn beta-alanine.
Under the settlement agreement, BPI and Image will purchase CarnoSyn beta-alanine from Natural Alternatives ' licensed distributor, Compound Solutions, Inc. pursuant to a separate supply agreement and receive a license from Natural Alternatives to its intellectual property rights regarding CarnoSyn beta-alanine.
As part of the agreement, Natural Alternatives will dismiss two cases filed in U.S. District Court for the Southern District of Texas against BPI and Image alleging infringement of its recently issued patent, U.S. Patent No. 8,067,381, entitled "Methods and compositions for increasing the anaerobic working capacity in tissues."
BPI and Image will dismiss a counter-suit they filed against NAI in U.S. District Court for the Southern District of Florida.
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