L'Oréal Successfully Defends Itself In Patent Infringement Lawsuit

L'Oreal successfully defended itself in a lawsuit brought by the University of Massachusetts Medical School over claims involving an anti-aging treatment. U-Mass had brought suit in Delaware along with a former Roman Catholic monk who alleged that L'Oreal had infringed on his own patented formula for a cream designed to induce greater skin elasticity to prevent wrinkles. The medical school developed the formula and licensed it back to the monk's Carmel Laboratories in 2009.