Medtronic strengthens pacemaker line:
This article was originally published in Clinica
Executive Summary
Medtronic has entered into a non-exclusive sublicence with wireless data communication technology company LifeSync Corporation to gain its patent portfolio. The sublicence will allow Medtronic to use LifeSync's wireless ECG data communication system in connection with implantable devices for cardiac pacing, defibrillation, neurostimulation, gastrostimulation and urological stimulation. Fort Lauderdale, Florida-based LifeSync said that it grants sublicences for its intellectual property to third parties for uses that it does not intend to internally develop and commercialise, in a statement made on August 15. This is the second deal Medtronic has struck up in a week to boost, in particular, its range of pacemakers. The company bought MRI safety patents from Biophan on August 9 (see Clinica No 1269, p 10).