A jury says Boston Scientific Corp. must pay $431 million in damages in a patent dispute over the medical device maker’s drug-coated stents.
The company said that federal jury in Marshall, Texas reached the damages award in a patent infringement lawsuit brought by Dr. Bruce Saffran. The jury found that Boston Scientific’s Taxus Express and Taxus Liberte stents infringe on a patent that Saffran holds.
Boston Scientific argues the verdict is unsupported by evidence and the law. The Natick, Massachusetts-based company plans to try to overturn the verdict in post-trial motions. If that’s unsuccessful, Boston Scientific says it will appeal.
Stents are tiny, mesh-wire tubes that prop open arteries after they have been surgically cleared of fatty plaque.
Was this article valuable?
Here are more articles you may enjoy.
AI May Be Tempering Insurer Hiring, New Analysis Shows
JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
Cyclone Forces Mine Closures as Winds Lash North Australia
Tesla Is Sued by Survivor of Deadly California Cybertruck Crash