Medtronic, Smiths Medical settle
This article was originally published in The Gray Sheet
Executive Summary
Insulin pump cross-licensing agreement closes all pending litigation between the firms and allows retention of existing device designs, Smiths Medical announces July 1. "This agreement allows both companies to continue business as usual without having to change any of the features or functionality" of the pumps, a release states. In August 2004, Medtronic filed against Smiths alleging that the Deltec Cozmo insulin pump infringed certain MiniMed patents (1"The Gray Sheet" Jan. 19, 2004, p. 3)...