Dubai PR Network, Online Press Release from Dubai and Middle East
 
Legal & Consulting Firm(Government, Legal & Humanity)
Filter PR by
  
Covidien Awarded $176.5 Million Verdict in Patent Litigation against Ethicon Endo-Surgery
 

NEW HAVEN, Conn. - March 30th 2013--(BUSINESS WIRE / ME NewsWire)-- Covidien (NYSE: COV), a leading global provider of healthcare products, today announced that it has won a patent infringement suit against Ethicon Endo-Surgery, Inc., a Johnson & Johnson company, relating to Ethicon's Harmonic® line of ultrasonic surgical products.

The federal court awarded Covidien a $176.5 million verdict upon ruling that several claims of Covidien's patents were valid, enforceable, and infringed by Ethicon. The amount of the verdict, which could be appealed, was based on an 8 percent royalty rate on infringing sales through March 2012, plus prejudgment interest.

“As a global healthcare market leader, Covidien invests significant resources into creating and developing medical innovations. We are pleased that the federal court recognized our innovation in ultrasonic surgical devices, finding our patents both valid and infringed by Ethicon Endo-Surgery. We will continue to vigorously protect our innovative products, solutions and intellectual property,” stated Chris Barry, President, Advanced Surgical Technologies, Covidien.

The federal court found that Ethicon infringed Covidien's U.S. Patents 6,063,050, 6,468,286, and 6,682,544, each relating to ultrasonic cutting and coagulation surgical devices.


Posted by : Dubai PR Network Editorial Team
Viewed 10760 times
PR Category : Government, Legal & Humanity
Posted on : Saturday, March 30, 2013  5:15:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Preparations Are in Full Progress for IFSEC Istanbul to Be H...
Next Story : DIFC COURTS PUBLISH CODE OF BEST LEGAL PROFESSIONAL PRACTICE
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Chronoswiss adds beauty in blue to Sirius Chronograph Moon Phase collection [18148-Views]
A touch of elegance with Al Asel [10699-Views]
Introducing Pestle & Mortar [9187-Views]
Glamorous Gilda for elegant lady' [8491-Views]
World's First Cartridge-Free Laser Printer Now Available in the UAE [8125-Views]
Sony Middle East and Africa launches the new king of full frame mirrorless cameras – Alpha... [7631-Views]
Energy Transition is Accelerating Across Countries Worldwide According to 2019 World Energ... [6722-Views]
Pan Emirates Home Furnishing welcomes Autumn with its new collection [6545-Views]
The art of knurling [6100-Views]
Breitling Announces Partnership With Etihad Airways [5972-Views]
Tag Heuer Launches Limited Edition Green Aquaracer in the Kingdom of Saudi Arabia (KSA) [5880-Views]
Nikon ME Launches Film Festival - Cinema Z [5276-Views]
Union Coop constructs two commercial centers in Al Badaa (Jumeirah) and Barsha 3 [5087-Views]
Protect your Hair with the New Hair Care Range from Color WOW. [4807-Views]
CORUM announces Hu Bing as its new Global Brand Ambassador [4788-Views]
Chloé introduces the new vintage-inspired “Ayla” style [4770-Views]
Union Coop Signs a contract with AL Aber contracting to construct Umm Al Quwain Residentia... [4740-Views]
UAE Team Emirates' Pogacar Inches Closer to a Second Place Finish at La Vuelta [4593-Views]
Admiral AC-One 45 Chronograph Bronze [4477-Views]
Midi Moment [4447-Views]
Compact, yet spacious, Kia Pegas sedan to be sold in the UAE for the first time [4416-Views]
As Official Timekeeper of the 2020 IIHF Ice Hockey World Championship, Tissot starts the c... [4319-Views]
General Civil Aviation Authority launches 2nd edition of Global Investment in Aviation Sum... [4154-Views]
Beauty beyond time OMEGA's fine jewellery collection [3910-Views]
Proofpoint's Annual Human Factor Report Details Top Cybercriminal Trends: More than 99 Per... [3904-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories