St. Jude Medical settled a 2000 patent infringement suit with heart-valve technology company Edwards Lifesciences Corp. Edwards will receive a $5.5 million payment, and St. Jude Medical will get paid-up licenses for certain of its heart valve therapy products.
In the suit, Edwards claimed St. Jude Medical infringed on three of Edwards’ patents, two relating to annuloplasty rings and one relating to manufacturing methods used to make tissue heart valves.
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