Русская версияDiag Human demanded 14 billion crowns in compensation for the state having allegedly destroyed its lucrative deals with blood plasma in the early 1990s.
The case was triggered by a letter that then health minister Martin Bojar wrote to the Danish company NovoNordisk in 1992 after which the firm cut cooperation with Diag Human.
More than a half of the sum that the Czech Republic is to pay to Diag Human under the arbitration award are interests.
The above sum is compensation as from July 2007. Since then it has been increasing by another interest of about 1.3 million a day.
Both parties to the dispute can propose a review of the award within 30 days.
Diag Human's lawyer Jan Kalvoda told CTK the company will make a decision after it studies in detail the award justification.
In 1998 already another arbitration panel recognised Diag Human's claim to compensation by the Czech Republic and a public apology.
In January 2003 the state made the first payment of 326.6 million crowns to the firm.
($16.066 crowns)
(Ceske Noviny)
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