BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

US Surgical And Applied Medical Patent Trial Concludes


10/19/2005 5:11:21 PM

NORWALK, Conn., July 30 /PRNewswire/ -- Tuesday marked the conclusion of a patent trial involving discontinued trocar products by United States Surgical, a market leader and innovator of minimally invasive surgical instruments. Following an earlier February 2002 infringement ruling issued by the court, a jury awarded $43.5 million to Applied Medical Resources Corp., a company based in Rancho Santa Margarita, Calif. The jury ruled also that the earlier infringement was willful, a finding subject to potential increase in damages by the trial court. The trial court has yet to consider a motion to set aside the jury's verdict on willfulness.

The lawsuit involves the seal system used in some of US Surgical's former Versaport(TM) trocar and access devices. The Versaport(TM) products are no longer on the market and have been replaced by US Surgical's next generation Versaport(TM) Plus products.

"Now that we have this lawsuit involving these discontinued products behind us, we look forward to continuing to serve our customers with our current line of Versaport(tm) Plus trocar products, which are not impacted by this lawsuit," said Alan Panzer, US Surgical's president.

About US Surgical

United States Surgical, a business unit of Tyco Healthcare, offers a complete line of surgical devices and laparoscopic instrumentation for general and specialty procedures. Through advanced technologies and training for surgeons, nurses and allied healthcare personnel, US Surgical has revolutionized surgery. As the innovator, US Surgical developed the first practical stapler 40 years ago and since then has led the way in providing enabling technologies for minimally invasive surgery that improve patient care and offer the best efficiencies for healthcare providers.

Contact: Cynthia M. Holloway United States Surgical 203-845-1966 cynthia.holloway@tycohealthcare.com Shay Studley-Toland Tyco Healthcare 508-261-8190 shay.studley-toland@tycohealthcare.com

United States Surgical

CONTACT: Cynthia M. Holloway of United States Surgical, +1-203-845-1966,cynthia.holloway@tycohealthcare.com; or Shay Studley-Toland of TycoHealthcare, +1-508-261-8190, shay.studley-toland@tycohealthcare.com



Read at BioSpace.com

 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES