Abbott
Abbott and Medtronic Reach Agreement on Global Patent Disputes
Published in Lab Law Weekly, August 14th, 2009
Under the terms of the settlement, Medtronic will pay Abbott $400 million. The settlement also includes a mutual agreement not to pursue additional litigation on current and future vascular products, subject to specific conditions and time limits. Additional terms of the agreement were not disclosed.
The one-time impact of this settlement will be treated as a specified item in the third quarter earnings.
Keywords: Abbott, Patents Actions, Business.
This article was prepared by Lab Law...
Want to see the full article?
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Lab Law Weekly
Source: Lab Law Weekly (2009-08-14)
More Articles from Lab Law Weekly
- Aesyntix Health, Inc.
Aesyntix Physician Network Signs Exclusive Contract with Wholesale Merchant Group for Merchant Processing Services - Aging
Department of Aging Urges Citizens to Report Abuse and Neglect of Older Adults - American Center for Law and Justice
ACLJ: 65,000 Americans Sign Petition Demanding Congress Exclude Abortion Services from National Health Care Legislation - American Civil Liberties Union
ACLU Drops Community Education Partners from Federal Lawsuit After Atlanta Severs Contract - American Civil Liberties Union
Judge Orders Release of Guantanamo Detainee Mohammed Jawad - American Council of Life Insurers
The CLASS Act: Retirement In-Security - More from this issue of Lab Law Weekly
NewsRx is Social
Follow us on your favorite social network by clicking on a button below:
Top Medical Newsletters
Awards
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005
Facts & Stats
NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.
- Google 2010 PageRank: #2 Among Top Health News and Media Publications
- Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
- Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
- Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
