From 3M’s expanded 510(k) clearance for its Tegaderm dressing to Medtronic and Acacia burying the hatchet, here are 7 medtech stories we missed this week but thought were still worth mentioning. 1. InspireMD inks Taiwanese distro deal for CGuard InspireMD announced in a June 8 press release that it has signed a distribution deal with […]
CORRECTION May 9, 2016: This article originally stated that the appeals court ruled against Medtronic. A federal appeals court today upheld a U.S. Patent & Trademark Office decision invalidating a stent patent licensed to Endotach, a subsidiary of patent troll Acacia Research, in its patent battle with Medtronic (NYSE:MDT). Endotach sued Medtronic in 2012, alleging that the medtech giant infringed a […]
Biomet said this week that it settled a portion of a patent infringement case with a notorious patent troll and lost a trade secrets theft lawsuit brought in Germany over some of its bone cements.
A sharply split federal appeals court reversed course and reinstated a $29.4 million win for Marine Polymer Technologies in its wound dressing patent spat with HemCon Medical Technologies.
The U.S. Court of Appeals for the Federal Circuit, in an en banc decision joined in full by 5 of 9 judges on the panel, ruled that the "intervening rights" of a company accused of patent infringement are only valid when patent claim language is changed during re-examination.
Cynosure Inc. (NSDQ:CYNO) announced the $24.5 million acquisition of the assets of Japan-based HOYA ConBio’s aesthetic laser business today.
The Westford, Mass.-based cosmetic laser device maker adds HOYA’s proprietary PhotoAcoustic energy technology to its product portfolio, which also includes the SmoothShapes cellulite reduction system.
The PhotoAcoustic technology uses high-speed energy waves to penetrate skin in nanoseconds, minimizing the amount of heat in each procedure.
Stryker Corp. (NYSE:SYK) was dismissed as a defendant in a patent infringement lawsuit after inking a licensing deal for Hospital Systems Corp.’s medical picture archiving and communication system technology.
The Kalamazoo, Mich.-based medical device giant was one of nine firms sued by Acacia Research Corp. (NSDQ:ACRI) subsidiary HSC in a lawsuit alleging that they infringed a pair of patents covering its medical image storage, retrieval and transmission system. HSC alleged that the defendants sold competing systems based on the patents covering the technology; in Stryker’s case, the allegedly infringing product was its OfficePACS Power System.