[Federal Register Volume 61, Number 246 (Friday, December 20, 1996)]
[Notices]
[Pages 67347-67348]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-32341]


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DEPARTMENT OF JUSTICE

Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Biotechnology Research and Development 
Corporation (``BRDC'')

    Notice is hereby given that, on December 6, 1996, pursuant to 
Section 6(a) of the National Cooperative Research and Production Act of 
1993, 15 U.S.C. Sec. 4301 et seq. (``the Act''), Biotechnology Research 
and Development Corporation (``BRDC'') filed written notifications 
simultaneously with the Attorney General and the Federal Trade 
Commission disclosing certain supplemental and additional information 
regarding (1) the identities of the parties to BRDC and (2) the nature 
and objectives of BRDC. The notifications were filed for the purpose of 
extending the Act's provisions limiting the recovery of antitrust 
plaintiffs to actual damages under specified circumstances. Hewlett

[[Page 67348]]

Packard Company, Palo Alto, CA, plans to withdraw effective May 14, 
1997.
    On November 1, 1996, BRDC issued to McDonald's Corporation and 
McDonald's purchased from BRDC, 653\1/3\ shares of common stock, 
without par value, of BRDC. Simultaneously, with the issuance and 
purchase of the shares of the common stock, BRDC and McDonald's entered 
into an Agreement to be Bound by BRDC Master Agreement whereby 
McDonald's agreed to be bound by the terms and conditions of the BRDC 
Master Agreement effective as of June 10, 1988, by and among BRDC and 
its common stockholders. McDonald's has the rights set forth in the 
BRDC Master Agreement in all project technology made, discovered, 
conceived, developed, learned, or acquired by or on behalf of BRDC in 
connection with, or arising out of or as the result of, a research 
project in existence while McDonald's is a common stockholder of BRDC.
    No other changes have been made in either the membership or planned 
activity of the group research project. Membership in this group 
research project remains open, and BRDC intends to file additional 
written notification disclosing all changes in membership.
    On April 12, 1988, BRDC filed its original notification pursuant to 
Section 6(a) of the Act. The Department of Justice published a notice 
in the Federal Register pursuant to Section 6(b) of the Act on May 12, 
1988, 53 FR 16919. The last notification was filed August 6, 1996. A 
notice was published in the Federal Register on August 28, 1996, 61 FR 
44347.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 96-32341 Filed 12-19-96; 8:45 am]
BILLING CODE 4410-11-M