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sayheydave

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sayheydave

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Wednesday, 12/05/2007 9:22:11 AM

Wednesday, December 05, 2007 9:22:11 AM

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Dec 4 (Reuters) - Medical device company Sutura Inc (SUTU.OB: Quote, Profile, Research) said it settled a patent infringement lawsuit with Abbott Laboratories Inc (ABT.N: Quote, Profile, Research) and will receive $23 million under the agreement.

The settlement provides for a cross license of the Hathaway patents licensed to Abbott by Indiana University, and the Sutura Nobles patents, it said in a statement. (Reporting by Anant Vijay Kala in Bangalore; Editing by Amitha Rajan)

Peace Corps in Mozambique...for the better good

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