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VasoNova, Inc., C.R. Bard Settle Trade Secret Theft Suit



10/7/2013 7:49:16 AM

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VasoNova and C.R. Bard agree to settle a lawsuit accusing Bard and its ex-CTO of stealing trade secrets and breaching a confidentiality agreement. A C.R. Bard (NYSE:BCR) subsidiary settled a lawsuit filed against it by VasoNova alleging that Bard and an ex-technology chief stole trade secrets to set up a new company. VasoNova makes a system that uses Doppler ultrasound and intravascular ECG to help cardiologists place catheters in the heart.

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