J&J Judgment In Stent Patent Suit Climbs To $593M

Law360, New York (March 31, 2011, 10:13 PM EDT) -- A federal judge in Texas added $111 million in pre-judgment interest Thursday to a $482 million verdict against Johnson & Johnson for allegedly infringing a patent held by a New Jersey radiologist with its popular coronary stent Cypher.

In addition to the pre-judgment interest, Judge T. John Ward of the U.S. District Court for the Eastern District of Texas ordered Johnson & Johnson and its subsidiary Cordis Corp. to pay for the court costs of patent owner Bruce N. Saffran.

Saffran brought the suit in 2007,...
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