Medtronic to Pay $1.35 Billion to Inventor

Article Abstract:

The medical device maker Medtronic has settled patent litigation with inventor Dr. Gary K. Michelson and his company Karlin Technology by agreeing to pay $1.35 billion in exchange for settling the lawsuit, acquiring the patents, and owning the rights to future inventions.

Financial management, Other Justice, Public Order, and Safety Activities, Patents & copyrights, Patent Law, Finance, Intellectual property, Inventors, Company financing, Medical test kit industry, Medtronic Inc., Michelson, Gary K.

---

Syringe Manufacturer Settles Claim of Market Manipulation

Article Abstract:

Syringe manufacturer Retractable Technologies agrees to a settlement of $100 million in its antitrust suit against competitor Becton Dickinson & Company.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Compromise and settlement, Settlements (Law), Unfair competition (Commerce), Unfair competition, Antitrust issue, Becton Dickinson and Co., BDX, Retractable Technologies

---

WIDE U.S. INQUIRY INTO PURCHASING FOR HEALTH CARE

Article Abstract:

The Justice Department has started to investigate the medical supplies industry for possible overcharging of Medicare and other public health programs.

Commodity & service prices, Management dynamics, Health aspects, Management, Economic aspects, Prices and rates, Investigations, United States. Department of Justice, Company business management, Medicare, Company pricing policy

Similar abstracts:

• Abstracts: Medicare Law's Costs and Benefits Are Elusive. BUSH'S AIDES PUT HIGHER PRICE TAG ON MEDICARE LAW
• Abstracts: Plea Talks In Enron Case Said to Unravel. F.D.A. LINKS DRUGS TO BEING SUICIDAL
• Abstracts: EX-ARMS MONITOR URGES AN INQUIRY ON IRAQI THREAT. BUSH SET TO NAME EX-HEAD OF POLICE FOR SECURITY POST. U.S. REPORT SAYS HUSSEIN BOUGHT ARMS WITH EASE
• Abstracts: Schiavo's Husband Says Autopsy Will End Suspicions. FLORIDA JUSTICES GIVE NADER SPOT ON STATE BALLOT. Greens Pick a Candidate Not Named Nader
• Abstracts: Unmasking That Pension Consultant. U.S. Regulator Threatens Action Against A.I.G. On Press Releases. Funds Manager Is Said to Face S.E.C. Inquiry

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.