Eye Laser Maker Clears Up $10.6M Case Over Botched Research

Law360, New York (April 9, 2012, 3:12 PM EDT) -- Nidek Co. Ltd., a Japanese manufacturer of laser devices for vision correction, has settled a $10.6 million lawsuit accusing Ohio-based Clinical Research Consultants Inc. of botching trials needed for regulatory approval of Nidek's eye surgery equipment, the companies said Wednesday.

Terms weren’t disclosed for the settlement, which dismisses a January lawsuit over Clinical Research’s allegedly deficient handling of studies related to Nidek’s EC-5000 Excimer Laser.

“I think that both sides are satisfied with the resolution of this case,” Mitchell G. Blair of Calfee Halter & Griswold...
To view the full article, register now.




Case Information

Case Title

Nidek Co, Ltd. v. Clinical Research Consultants, Inc.

Case Number



Ohio Northern

Nature of Suit

Contract: Other


Dan Aaron Polster

Date Filed

January 25, 2012

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.