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Boston Scientific Corporation

Boston Scientific Settles Longstanding Patent Disputes With J&J

Published in Cardiovascular Device Liability Week, February 21st, 2010

Boston Scientific Corporation (NYSE:BSX) announced the settlement of three patent disputes with Johnson & Johnson (J&J). The disputes date back to 2003 and cover Boston Scientific's Jang patent and J&J's Palmaz and Gray patents, all of which involve intellectual property in the cardiovascular arena. Boston Scientific will make a $1.725 billion payment to J&J in connection with the settlement.

The first dispute involved a claim by J&J that Boston Scientific's Express®, TAXUS® Express® and Liberte® stents infringed its Palmaz and Gray patents.

The second involved a claim by Boston Scientific that J&J's Cypher®, BX...

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