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Yale University, Professor To Pay $1.5M To VA: Failed To Share Patent Royalties, Feds Say
Yale University and a professor who teaches there have agreed to pay over $1.5 million to the federal Department of Veterans Affairs after failing to share patent royalties for inventions, officials said.
Yale University and one of its professors, John Krystal, will pay $1,507,743.67 as part of a settlement with the Department of Veterans Affairs after failing to let the institution know about certain patents and not sharing royalties earned on them, the US Attorney's Office for the District of Connecticut announced on Thursday, Sept. 21.
According to federal officials,…