Boston Scientific Announces Jury Verdict in Patent Litigation With Johnson & Johnson
NATICK, Mass., June 21 -- Boston Scientific Corporation announced
today that a jury in a patent infringement case in U.S. District Court in Delaware
brought by Johnson & Johnson against Boston Scientific has returned a verdict.
The jury found that Boston Scientific's TAXUS® Express™,
Express™, Express™ Biliary, and Liberte™ stents infringe a J&J
patent and that the Liberte stent infringes a second J&J patent. Boston Scientific
had challenged the validity of one of the patents, and the jury upheld the patent's
validity.
The jury only determined liability; monetary damages will be determined in a later trial. J&J is not seeking injunctive relief against the TAXUS Express, Express, or Express Biliary products. The Company stated that it is disappointed in the jury's decision, and that there are likely to be significant post-verdict motions and hearings, as well as an appeal of the decision.
Boston Scientific is a worldwide developer, manufacturer, and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: http://www.bostonscientific.com.
This press release contains forward-looking statements. The Company wishes to caution the reader of this press release that actual results may differ from those discussed in the forward-looking statements and may be adversely affected by, among other things, risks associated with litigation and other factors described in the Company's filings with the Securities and Exchange Commission.
CONTACT: Milan Kofol
508-650-8569
Investor Relations
Boston Scientific Corporation
Paul Donovan
508-650-8541 (Office)
508-667-5165 (Mobile)
Media Relations
Boston Scientific Corporation
Source: Boston Scientific Corporation |
