Hologic wins $5m from Minerva Surgical in patent infringement spat

A federal court jury last week awarded Hologic (NSDQ:HOLX) nearly $5 million in damages in a patent infringement lawsuit brought over their respective endometriosis devices. Hologic’s NovaSure ablation device, acquired with the 2007 buyout of Cytyc (which acquired NovaSure developer Novacept in 2004), competes with Minerva’s Aurora device. Hologic sued Minerva in November 2015 in the U.S. District Court for Delaware, alleging infringement of a pair of patents after Novacept CEO Csaba Truckai founded Minerva in 2008. (Minerva sued Hologic for patent infringement in April 2017 in a California federal court; that case is still under way after being transferred to the Delaware court in February, according to court documents.) The jury in Delaware returned a verdict July 27 in favor of Hologic, according to the documents, awarding $$4.2 million in damages for lost profits and $587,000 for lost sales royalties of 8%. “We are extremely pleased with the court’s ruling and the jury’s verdict, which together validate Hologic’s assertions of patent infringement by Minerva Surgical and recognize the value of our intellectual property,” GYN surgical solutions president Sean Daugherty said in prepared remarks. “As the maker of the NovaSure system, we are committed to delivering best-in-class products backed by strong clinical data for our customers and their patients.” The post Hologic wins $5m from Minerva Surgical in patent infringem...
Source: Mass Device - Category: Medical Devices Authors: Tags: Legal News Patent Infringement Women's Health Hologic Minerva Surgical Inc. Source Type: news