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Patents
KCI and Wake Forest File Federal Patent Lawsuit Against Innovative Therapies, Inc.
January 25th, 2008
Kinetic Concepts, Inc. (NYSE: KCI) announced that, together with Wake Forest University Health Sciences, it has filed a patent infringement lawsuit against Innovative Therapies, Inc. (ITI) in the U.S. District Court for the Middle District of North Carolina. The federal complaint alleges that a negative pressure wound therapy device recently introduced by ITI infringes three Wake Forest patents which are exclusively licensed to KCI. "Patent protection is the key to innovation across all industries," said Catherine M. Burzik, President and CEO of KCI. "We have filed this case because our intellectual property is being knowingly and unlawfully exploited. KCI is a world...
Source: Medical Patent Business Week (2008-01-25)
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