J&J Judgment In Stent Patent Suit Climbs To $593M

Law360, New York (March 31, 2011, 10:13 PM EDT) -- A federal judge in Texas added $111 million in pre-judgment interest Thursday to a $482 million verdict against Johnson & Johnson for allegedly infringing a patent held by a New Jersey radiologist with its popular coronary stent Cypher.

In addition to the pre-judgment interest, Judge T. John Ward of the U.S. District Court for the Eastern District of Texas ordered Johnson & Johnson and its subsidiary Cordis Corp. to pay for the court costs of patent owner Bruce N. Saffran.

Saffran brought the suit in 2007,...
To view the full article, register now.