Picis, Inc. And Capsule Technologie Enter A Cross-Licensing Agreement Relating To Automation Of Patient Vital Signs Collection
WAKEFIELD, Mass.--(BUSINESS WIRE)--Picis, Inc. announced today that it has entered into a cross-licensing agreement with Capsule Technologie (“Capsule Tech”), whereby Picis has agreed to grant Capsule Tech a non-exclusive license to its patent relating to systems for automating data communication between external software programs and sensors. Capsule Tech has agreed to grant Picis non-exclusive rights relating to its software products. The subject technology generally relates to systems for automating patient vital signs collection into a Clinical Information System. The financial terms of the agreement are confidential. The agreement resolves a patent infringement lawsuit initiated by Picis that was pending in the District Court for the Northern District of Georgia and related counterclaims.