Matthew B. Lehr has been named Intellectual Property Special Counsel and will advise the company on intellectual property (IP) strategy and enforcement matters.
SEATTLE, Feb. 14, 2019 /PRNewswire/ -- Magnolia Medical Technologies today announced that Matthew B. Lehr has been named Intellectual Property Special Counsel and will advise the company on intellectual property (IP) strategy and enforcement matters. "Intellectual property is a critical asset for any innovative medical device company that invests heavily to develop new technologies that drive important paradigm shifts in medicine," said Greg Bullington, CEO of Magnolia Medical. "In our case, we have invested well over a decade along with significant resources to create the category known as initial specimen diversion to significantly improve sepsis testing accuracy. We will benefit from Matt's expertise and active participation as we continue to drive hospital adoption of our Steripath® platform to prevent blood culture contamination." Lehr brings over 30 years' experience in patent and technology law involving areas such as medical devices, biotechnology, and pharmaceuticals. Most recently he headed the intellectual property litigation department of the international law firm Davis Polk & Wardwell LLP, focusing primarily on complex patent litigation. In a notable medical device patent infringement case led by Lehr, VNUS Medical was awarded $46.5 million in damages. "I am pleased to work with Magnolia as they commercialize and protect their groundbreaking technologies, which directly improve the quality of care for patients," said Lehr. "The company has built an extensive and broad intellectual property foundation that will allow them to maintain appropriate protection in numerous medical device categories in the years to come." Inventors of both the technique and technology for initial specimen diversion for blood culture collection and contamination prevention, Magnolia Medical has amassed more than 60 issued method, apparatus and design patents including over 600 claims. The company will continue to build upon, and protect, its extensive intellectual property portfolio and the markets it has created. About Magnolia Medical Contact: Liz Dowling, (415) 388-2794
SOURCE Magnolia Medical Technologies |