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J&J: Court rules rivals pay $1.2B in patent fight



By AP
30 September 2008 @ 06:52 pm EST

NEW BRUNSWICK, N.J. - Health care products maker Johnson & Johnson says a federal court has entered a final judgment of about $1.2 billion in favor of Cordis Corp., its heart device unit, in a patent dispute.

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The dispute involves Boston Scientific Corp. and Medtronic Inc., two rival makers of stents, tiny metal-mesh scaffolds that prop open heart arteries after they have been cleared.

The judgment was issued by the U.S. District Court in Delaware on Tuesday, according to Johnson & Johnson.

The company said juries in 2000 and again in 2005 found that bare metal stents made by Boston Scientific and Medtronic infringed on Cordis Corp.'s patent for its Palmaz stent.

Boston Scientific was ordered to pay $703 million and Medtronic, about $521 million.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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