Preliminary results from a new Medtronic (NYSE:MDT) study pinpoint a greater-than-previously measured rate of respiratory depression in patients receiving IV opioids for pain. The prospective, observational Prodigy study, which analyzed 1,335 patients across 16 sites in the U.S., Europe and Asia, found that respiratory depression, as defined by changes in pulse oximetry and capnography monitoring parameters, […]
Wake Forest University
KCI settles Wake Forest wound care patent spat for $280M
UPDATED July 1, 2014, with comment from KCI.
Kinetic Concepts Inc. said it agreed to pay $280 million to settle a patent infringement lawsuit with Wake Forest University, putting their long-running war over negative-pressure wound therapy to rest.
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Smith & Nephew settles KCI/Wake Forest patent beef
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KCI: We’ll withdraw from NPWT patent beefs
Kinetic Concepts Inc. (NYSE:KCI) says it will exit any patent infringement cases involving intellectual property it licensed from Wake Forest University, after a federal judge ruled the patents invalid last year.
The San Antonio, Texas-based company also said it’s halted royalty payments to Wake Forest for the two patents, which are related to negative pressure wound therapy technology. KCI hasn’t made any payments at all to the school this year; last year it paid out $86 million to license the IP, according to a regulatory filing.