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Albany Molecular Research Inc. says a Rhode Island drug firm swindled it out of $1.4 million during a development partnership to make opiate painkillers that would be resistant to abuse and addiction.
Albany-based AMRI is suing a man named James Peltier and his company, Waterville Valley Technologies, alleging that Peltier failed to pay for development of the new drugs and then tried to steal the patent for the innovative discovery.
Peltier, who Kolaybet lives in New Hampshire but operated his company out of Providence, R.I., is also being sued by a Chicago area scientist who claims he helped Peltier design the painkillers.
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