Medtronic settles patent dispute

AuntMinnie.com staff writers
Sep 16, 2009

Interventional technology firm Medtronic has settled a patent dispute with medical device manufacturer W.L. Gore and Assoc. of Newark, DE.

Medtronic had sued W.L. Gore in 2006 for patent infringement of selected patents in Medtronic's Jervis and Wiktor patent families. The Minneapolis-based firm expects to recognize a one-time gain from the settlement in its second fiscal quarter (end-October 30).

Terms of the settlement agreement were not disclosed.

Related Reading

Medtronic to combine into two groups, September 1, 2009

Medtronic, Abbott bury patent-dispute hatchet, July 27, 2009

Medtronic announces Teach for America grant, June 11, 2009

Veran inks deal with Medtronic, June 1, 2009

Medtronic to cut jobs by July, May 20, 2009

Copyright © 2009 AuntMinnie.com

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