Monday, July 31, 2006

St. Jude settles patent cases with Boston Scientific

St. Jude is no stranger to patent cases. On July 31, St. Jude settled 4 cases and limited two more.

Medical device makers St. Jude Medical Inc. and Boston Scientific Corp. said on July 31 the have settled four patent litigation matters.

Under the settlement, the two companies also agreed to limit how two other unresolved cases will be pursued.

The two companies have also agreed to a patent cross license involving their cardiac rhythm management patent portfolios and a separate cross license of some other patents. [Reuters]

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