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Spectranetics Corporation (SPNC) Takes ThermopeutiX, Inc. to Court Over Distribution Deal



8/14/2013 7:47:32 AM

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Spectranetics sues after Thermopeutix drops out of a distribution agreement for the Tapas catheter. Spectranetics (NSDQ:SPNC) and Thermopeutix are engaged in a full-on legal battle over the Tapas catheter, an infusion system the companies agreed sell using pooled resources in a distribution deal inked in late 2011. Now Spectranetics is suing San Diego-based Thermopeutix for attempting to cancel the deal.

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