Spurned inventor sues over Medtronic licensing agreement

October 31, 2012 by MassDevice staff

An inventor seeks to depose a hospital representative with alleged information regarding a soured technology licensing and royalty payment deal with medtech giant Medtronic.

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Medical device industry giant Medtronic (NYSE:MDT) found itself dragged into a technology licensing spat between an inventor and a Texas hospital, after a royalty agreement soured when patents expired.

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