Argentum Must Pay $3M In Bandage Patent Suit: Jury

Law360, New York (February 14, 2011, 7:03 PM EST) -- A federal jury has ordered Argentum Medical LLC and its top executives to pay $3.25 million for bringing an infringement suit over a wound dressing patent against Noble Biomaterials Inc.

The jury awarded $1 million in compensatory damages as well as ordering Argentum CEO Gregg Silver to pay $1.25 million in punitive damages and Argentum President Thomas Miller to pay $1 million in punitive damages, according to documents filed Thursday in the U.S. District Court for the Middle District of Pennsylvania.

Robert W. Hayes of Cozen...
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