Appeals court affirms $10M Medtronic loss in catheter patent case

November 19, 2013 by Brad Perriello

A federal appeals court affirms a $10 million loss for Medtronic in a patent infringement case over catheter technology.

Medtronic EBU guiding catheter

Medtronic's EBU guiding catheter

A federal appeals court dealt a blow to Medtronic (NYSE:MDT) yesterday when it upheld a lower court's decision to award $10 million to the physician inventor of a patent involving catheters.

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