Le Lézard
Classified in: Health, Business
Subjects: LAW, PLW

U.S. Patent Office rejects Axonics' latest challenge to Medtronic patents


Medtronic moves for patent infringement litigation to resume

DUBLIN, March 21, 2024  /PRNewswire/ -- Medtronic (NYSE:MDT), the global leader in healthcare technology, today announced that the Patent Trial and Appeal Board (PTAB) of the U.S. Patent and Trademark Office has affirmed the validity of claims in two of its patents in an ongoing patent infringement lawsuit filed by Medtronic against Axonics over sacral neuromodulation (SNM) technologies. Cumulatively, the PTAB has now upheld the validity of five of the Medtronic patents at issue in this lawsuit.

Medtronic will now ask the federal court in the Central District of California, where Medtronic's patent infringement lawsuit is pending, to lift its stay on the lawsuit and proceed to trial on the five valid and affirmed patents so Medtronic can present its case in front of a jury.

"It's now past time for Axonics to stand up in a court of law and take responsibility for its unauthorized use and infringement of Medtronic's intellectual property," said Mira Sahney, president of the pelvic health business in the neuroscience portfolio at Medtronic. "We respect the intellectual property of innovators, and our patent system exists to benefit society by encouraging the kind of innovation that Medtronic invests in. We are pleased with the PTAB's decision, and we are confident that the evidence at trial will show that Axonics improperly used and profited from Medtronic's patented technology."

Medtronic also filed a complaint with the U.S. International Trade Commission (ITC) along with a parallel action in the U.S. District Court for the District of Delaware to block Axonics from improperly importing and selling products that infringe two additional Medtronic patents related to the MRI compatibility of implantable medical devices.

About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission ? to alleviate pain, restore health, and extend life ? unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow Medtronic on LinkedIn.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

Contacts:

Laurel Hood                        Ryan Weispfenning
Public Relations                  Investor Relations
+1-763-514-0249                +1-763-505-4626

(PRNewsfoto/Medtronic plc)

 

SOURCE Medtronic plc


These press releases may also interest you

at 11:00
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sharecare Inc. between May 10, 2023 and March 28, 2024, both dates inclusive (the "Class Period"), of the important June 18, 2024 lead plaintiff deadline...

at 10:15
High Arctic Energy Services Inc. ("High Arctic" or the "Corporation") is pleased to announce that its Board of Directors ("Board") has unanimously approved the reorganization of High Arctic to separate the Corporation's North American and Papua...

at 10:10
Zendure ? a fast-growing EnergyTech start-up known for its innovations SolarFlow and AIO 2400 ? will be on-site at the French Grand Prix with its solutions and support the BOÉ Motorsports team. This initiative marks Zendure's strategic entry into the...

at 09:00
Following is a statement by Emily Wilkins, president of the National Press Club, on the second anniversary of the killing of Al Jazeera journalist Shireen Abu Akleh, while reporting from the West Bank in 2022. "It has been two years since Al Jazeera...

at 08:30
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DoubleVerify Holdings, Inc. resulting from allegations that DoubleVerify may have issued materially...

at 08:00
The ninth annual United Nations Science, Technology, and Innovation Forum (UN STI Forum), dedicated to advancing the Sustainable Development Goals, convened at the UN headquarters in New York on May 9-10, 2024. Under the theme "Science, Technology,...



News published on and distributed by: