Jury Awards Edwards $393M In Medtronic Valve Patent Row

Law360, New York (January 15, 2014, 3:10 PM EST) -- A Delaware federal jury awarded $393 million to Edwards Lifesciences Corp. on Wednesday after finding that Medtronic Inc.'s CoreValve system had willfully infringed the company's Cribier transcatheter heart valve patent.

Edwards said Wednesday that it would soon file a motion to seek a permanent injunction blocking the sale of the infringing products, which was not included in the jury's verdict. Larry L. Wood, the company's corporate vice president, touted the verdict as an example of the company's efforts to defend its intellectual property.

“As the longtime...
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