CryoCath, Boston Scientific Unit Settle Patent Spat

Law360, New York (September 25, 2008, 12:00 AM EDT) -- Canadian medical-device maker CryoCath Technologies Inc. has settled a number of patent disputes regarding cryoablation systems with a Boston Scientific Corp. unit and AMS Research Corp. in courts in the U.S. and Canada and before the International Trade Commission.

Quebec-based CryoCath, which announced the settlement of the pending lawsuits Thursday, said it had reached a deal with Boston Scientific unit CryoCor Inc. and AMS that calls for none of the involved parties to file similar intellectual property litigation for the next 12 years.

CryoCath also agreed...
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