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Thursday, 05/08/2008 11:31:27 AM

Thursday, May 08, 2008 11:31:27 AM

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Spectranetics, Medtronic settle intellectual property suit
Spectranetics says Medtronic licenses disputed patent, companies reach settlement
April 28, 2008: 08:41 AM EST

NEW YORK (Associated Press) - Spectranetics Corp. said Monday it has settled its intellectual property dispute with Medtronic, with Medtronic licensing the patent at issue.

Terms of the settlement agreement were not disclosed.

Spectranetics' disposable catheters use high-energy ultraviolet light to vaporize artery blockages in the legs and heart, as well as scar tissue surrounding pacing and defibrillation leads. Top of page

http://money.cnn.com/news/newsfeeds/articles/apwire/066878e52cf556c96ea915b699dd8224.htm

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