Biolitec Hit With $75M Judgment In IP Indemnification Feud

Law360, Los Angeles (March 18, 2014, 6:31 PM EDT) -- A Massachusetts federal judge on Tuesday ordered Biolitec AG and affiliates to pay $75 million in damages for failing to shield AngioDynamics Inc. from patent infringement claims related to varicose vein treatments, just after entering default judgment against the defendants on the issue of liability.

In September 2012, a federal judge in New York ordered specialty laser firm Biolitec Inc. to hand over $16.5 million, plus prejudgment interest, to medical device manufacturer AngioDynamics for failing to protect the company from lawsuits involving a laser treatment. But...
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