Medtronic Settles Patent Suit Against Smiths Medical MD

Law360, New York (July 4, 2005, 12:00 AM EDT) -- Medical device maker Medtronic Inc. has settled its patent infringement lawsuit against Smiths Medical MD Inc. for an undisclosed amount, the company said.

The settlement allows both companies to sell their existing products without any changes in features or functionality, Medtronic said.

“We were pleased with the court's prior rulings and this settlement, which is positive for Medtronic as well as our patients,” Robert Guezuraga, president of Medtronic Diabetes said in a statement.

In 2003, Medtronic sued Smiths Medical, a St. Paul subsidiary of British medical...
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