After 13 Years, Medical Device Makers Pen $75M Settlement

Law360, New York (October 3, 2005, 12:00 AM EDT) -- With a $75 million payment, medical device maker Kinetic Concepts has settled a patent infringement lawsuit brought by rival Novamedix more than 13 years ago.

The case was filed in 1992 by Novamedix, a subsidiary of Dutch orthopedics device maker Orthofix International NV, and relates to its A-V Impulse System line of products. Used after surgery to prevent deep-vein thrombosis, the A-V Impulse System compresses the plantar venous plexus to eliminate venous stasis.

The settlement resolves and settles all claims between the parties in the case,...
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