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NorthShoreTrading

06/02/16 4:46 PM

#3929228 RE: cjstocksup #3929205

NVCN won reprieve against it $70 lawsuit! Wow, should really bounce hard!

http://www.law360.com/articles/801445/neovasc-ducks-mass-law-claim-in-medical-device-ip-suit

Neovasc Ducks Mass. Law Claim In Medical Device IP Suit
By John Kennedy

Law360, New York (May 27, 2016, 11:59 PM ET) -- A Canadian biotech firm recently hit with a $70 million verdict in a patent and trade secrets lawsuit won a reprieve on one of the suit’s two pending claims Friday, when a federal judge ruled it wasn’t liable for unfair business practices under Massachusetts law because most of the harm occurred in Canada.

Before the May 19 jury verdict in the dispute over a medical device, Neovasc Inc. sought judgment as a matter of law regarding the state law claim, which was one of two claims...