Law360, New York (February 15, 2011, 3:14 PM ET) -- Medical device manufacturer Q-Med AB has settled Genzyme Corp.'s patent infringement suit over a group of cosmetic injection products licensed to Medicis Pharmaceutical Corp., agreeing to make a lump sum payment to Genzyme in order to end the fight.
Under the terms of the deal that Q-Med announced Tuesday, Genzyme agreed to dismiss the case and release Medicis and Q-Med from any liability related to the suit, which had accused Medicis of infringing Genzyme's U.S. Patent Number 5,399,351 by marketing Sweden-based Q-Med's Restylane and Perlane products...
Q-Med Pays To Shut Down Genzyme Injection IP Fight
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