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AngioDynamics, Inc.
Court Denies Diomed Motion Against AngioDynamics
February 2nd, 2008
AngioDynamics (NASDAQ:ANGO), a leading provider of innovative medical devices used by interventional radiologists and surgeons for the minimally invasive treatment of cancer and peripheral vascular disease, announced that U.S. District Court Judge Nathaniel M. Gorton has denied the Motion for Contempt filed by Diomed on July 11, 2007 alleging that AngioDynamics violated the permanent injunction issued by the Court on July 2, 2007. In an order received on January 16, 2008, the judge stated that "the Court recognized then, as it does now, that (AngioDynamics) could develop non-infringing kits and the sales of laser consoles with such kits would not infringe the patent," thereby denying...
Source: Healthcare Mergers, Acquisitions & Ventures Week (2008-02-02)
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