Guidant Takes $9.2 Mil. 4Q Charge Following $12.9 Mil. Jury Award To GSI
This article was originally published in The Gray Sheet
Executive Summary
Guidant is recording a charge of $9.2 mil. to fourth-quarter 1998 results to provide for a "potential loss" relating to ongoing litigation between its Origin MedSystems division and General Surgical Innovations, the company reported Feb. 11.