American Medical Systems, Inc. Announces Settlement With Celsion Corporation

MINNEAPOLIS--(BUSINESS WIRE)--American Medical Systems Holdings, Inc. (NASDAQ:AMMD) announced today that it has entered into a settlement and licensing agreement with Celsion Corporation (AMEX:CLN) and will receive an undisclosed licensing fee and ongoing royalty payments from sales of Celsion’s Prolieve® product. AMS has agreed to subsequently dismiss the lawsuit it filed against Celsion in the Delaware district court on September 28, 2006.

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