VasoNova, CR Bard Settle Catheter Trade Secrets Case

Law360, New York (October 3, 2013, 7:23 PM EDT) -- VasoNova Inc. has agreed to settle its claims in California federal court that a unit of medical device giant CR Bard Inc. stole its trade secrets in acquiring catheter technology from a former VasoNova executive, the parties announced Wednesday in court papers.

The settlement also covers the counterclaims of Sorin Grunwald, former chief technology officer at California-based VasoNova, and his Romedex International SRL company alleging he worked on the disputed technology before VasoNova existed and requesting a court declaration that the company has no ownership rights...
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