Settlement Gets To Heart Of Stent Lawsuit

Law360, New York (July 18, 2006, 12:00 AM EDT) -- Abbott Laboratories and Medinol Ltd. have reached a preliminary settlement in a patent dispute over a medical device, bringing an end to one of numerous fights in the $5 billion coronary stent industry.

Rory Millson, a lawyer for Medinol and a partner at Cravath, Swaine & Moore LLP, said Tuesday that the settlement is not finished. However, U.S. District Judge Shira Scheindlin has entered a preliminary dismissal of the case.

The two sides were at trial in the U.S. District Court for the Southern District of...
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