Biota Holdings Limited and GlaxoSmithKline Conclude Litigation Through Mediation

MELBOURNE, AUSTRALIA--(Marketwire - July 21, 2008) - Biota Holdings Limited (ASX: BTA) today announced it had concluded its litigation against GlaxoSmithKline (GSK). The announcement followed formal mediation between by the parties ordered by the Victorian Supreme Court. The mediation provided the parties with the opportunity to resolve their differences and eliminate the uncertainty and costs associated with the legal process.

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