Radx Corp. v. Demy

OPINION

BASS, Justice.

This is an appeal from a summary judgment awarding appellees $28,492.04 in accrued minimum royalties pursuant to a licensing agreement.

Appellees, Nicholas A. Demy, M.D., and Kenneth G. Catlin, secured a patent for a cassette unloading and reloading machine called the “Load-a-Mat.” Appellees, as li-censors, entered into a license agreement with appellant, Radx Corporation, as licensee. Radx was granted the exclusive right to use, sell, lease, and rent Load-a-Mat’s for the life of the patent, unless such right was earlier terminated in accordance with the provisions of the…