Boston Scientific Sues Conor Medsystems Ireland Ltd.
NATICK, Mass., May 4 -- Boston Scientific Corporation (NYSE: BSX - News)
announced today that it has filed a lawsuit in Ireland against Conor Medsystems
Ireland Ltd. (Nasdaq: CONR - News), alleging that the Conor CoStar™
Paclitaxel-Eluting Coronary Stent System infringes a balloon catheter patent
owned by Boston Scientific. Boston Scientific is asking for damages and an injunction
to prohibit Conor from making, offering, putting on the market or stocking the
product in Ireland. The asserted patent is the Irish counterpart of the European
patent that Boston Scientific has successfully asserted against Johnson & Johnson
in the Netherlands.
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. Boston Scientific 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 new product development and commercialization, clinical trials, intellectual property, regulatory approvals, competitive offerings, integration of acquired companies, Boston Scientific's overall business strategy, and other factors described in Boston Scientific's filings with the Securities and Exchange Commission.
CONTACT: Milan Kofol
508-650-8569
Investor Relations
Boston Scientific Corporation
Paul Donovan
508-650-8541
Media Relations
Boston Scientific Corporation
Source: Boston Scientific Corporation |
