Medtronic To Appeal Edwards' $74M Heart Valve IP Win

Law360, New York (April 5, 2010, 4:16 PM EDT) -- Medtronic Inc. has vowed to appeal a $73.5 million jury verdict that rival Edwards Lifesciences Corp. won against one of the medical device maker's subsidiaries in a dispute over a patent for catheter heart valve technology.

A jury in the U.S. District Court for the District of Delaware sided with Edwards in its infringement case against CoreValve Inc. on Thursday, finding that Edwards' patents was valid and that the Medtronic unit had willfully infringed it.

In statements issued later Thursday, Edwards said it would seek a...
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