St. Jude Awarded $27M In Vascular Closure Device IP Fight

Law360, New York (January 23, 2012, 9:01 PM EST) -- An Arkansas federal judge on Monday ordered AccessClosure Inc. to pay St. Jude Medical Inc. $27.1 million for infringing three patents with its vascular closure devices.

U.S. District Judge Harry F. Barnes entered judgment against Access Closure, decreeing that the medical company's Mynx vascular closure device infringes three St. Jude patents — U.S. Patent Numbers 5,275,616; 5,716,375; and 7,008,439 — related to plugs used to close incisions from vascular surgeries.

The judge awarded St. Jude compensatory damages of $27.1 million for infringement of the '616 and...
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