Cyberonics Settles $200M Suit Over Therapy System Patents

Law360, Houston (July 31, 2013, 6:26 PM EDT) -- A Texas federal judge on Wednesday dismissed a $200 million lawsuit involving a doctor’s claim that Cyberonics Inc. refused to pay him for the company’s use of his patented nerve-stimulating therapy system used to treat epilepsy and depression, citing a settlement the parties reached.

U.S. District Judge Keith P. Ellison signed an order of dismissal that notes Houston-based Cyberonics and Dr. Jacob Zabara have reached a full settlement of the doctor’s claim that the company stopped paying royalties on its Vagus Nerve Stimulation system that employs...
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