Everest Medical/Boston Scientific
This article was originally published in The Gray Sheet
Executive Summary
Firms settle litigation involving two patents related to a metal-on-metal bipolar scissors design, commercialized by Everest Medical, and an "alternate bipolar scissors design" that neither firm has brought to market yet, Everest Medical says. Everest will remain the holder of U.S. patent 5,352,222 relating to the metal-on-metal bipolar scissors, while each firm will "have access to both bipolar scissors technologies with appropriate cross-licensing agreements executed between the two parties." Terms of the deal were not disclosed