Boston Scientific, Medtronic bury the hatchet

AuntMinnie.com staff writers
Jan 27, 2009

Interventional device developers Boston Scientific of Natick, MA, and Medtronic of Minneapolis have announced the settlement of two lawsuits and an agreement to end three others, according to Boston Scientific.

All the disputes involved intellectual property in the fields of interventional cardiology and endovascular repair. The settlement stops all current litigation between the two companies.

Although the terms of the settlement are confidential, Boston Scientific said the agreements will not have a material impact on its financial results.

Related Reading

Medtronic installs MRI system in Canada, January 13, 2009

Medtronic debuts abdominal stent graft, November 19, 2008

Boston Scientific wins FDA nod for small-vessel stent, September 25, 2008

Boston Scientific sells off investment portfolio to raise cash, June 19, 2008

Boston Scientific wins FDA clearance for heart failure lead, May 19, 2008

Copyright © 2009 AuntMinnie.com

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