![]() ![]() We will continue to vigorously protect our innovative products, solutions and intellectual property,” said Chris Barry, Covidien’s advanced surgical technologies president, in prepared remarks. 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. “As a global healthcare market leader, Covidien invests significant resources into creating and developing medical innovations. The royalty damages were $140.1 million and the prejudgment interest amounted to $36.4 million, according to court documents. ![]() The suture is formed in a ligature loop with a knot. The ENDOLOOP Ligature consists of an 18 inch long ligature in a plastic tube that is narrow at one end and scored at the other, where it is attached. "Tyco is entitled to 8% royalty damages and 3.25% prejudgment interest for damages in the total amount of $176,500,800.00."Īrterton decided that the infringing sales by Ethicon from April 1, 2004, to March 31, 2012, amounted to $1.75 billion, using that figure to calculate the damages. Elegantly simple and effective, the ENDOLOOP Ligature facilitates the ligation of pedicles in laparoscopic procedures. Providing anywhere, anytime educational opportunities for Residents and Fellows in a variety of clinical. "he evidence presented at trial shows that Tyco’s and Ethicon’s advanced energy products directly competed with each other," Arterton wrote. Future Leaders Online Resident and Fellows Program. catheter guide Sutures: 0-MonocrylTM with CT-1 needle (Ethicon, Inc. Surgical Corp., with products including its Autosonix and LCS ultrasonic scalpels (Covidien’s competing products include its Harmonic Shears, according to the court documents).Ĭovidien "proved infringement of all asserted claims of the patents in suit" but failed to prove willful infringement (closing the door on the possibility of triple damages) and isn’t entitled to lost profits damages or a preliminary injunction, Arterton wrote, according to the documents. Endopouch laparoscopic extraction pouch (Ethicon Endo-Surgery, Cincinnati. ![]() Judge Janet Bond Arterton ruled that Ethicon Endo-Surgery infringed 6 claims in 3 patents held by Covidien’s corporate predecessors, Tyco Healthcare and U.S. UPDATED March 29, 2013, with comment from Covidien.Ĭovidien (NYSE: COV) won a nearly $177 million victory yesterday over Johnson & Johnson‘s (NYSE: JNJ) Ethicon Endo-Surgery subsidiary in a patent war over ultrasonic scalpel technology. Intuitive Surgicals recent deal with J&J/Ethicon Endo-Surgery to develop a laparoscopic device for use with da Vinci should help boost the robotic surgery. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |