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Federal Court Rules In Favor Of Boston Scientific In J&J Patent Case

DOW JONES NEWSWIRES A federal court ruled a stent system made by Boston Scientific Corp. (BSX) doesn't infringe on Johnson & Johnson (JNJ) patents, a judgment that helps the medical-device maker notch a win in a patent war with the health-care products giant. Johnson & Johnson had alleged in a 2008 suit that Boston Scientific's Promus everolimus-eluting coronary stent system infringed on two of its patents. Boston Scientific on Monday touted a decision from a federal court in New Jersey, saying the court had found the patents to be invalid. "Boston Scientific will continue to vigorously defend against any claims of infringement," said Tim Pratt, general counsel for the company. A spokeswoman for Johnson & Johnson couldn't immediately be reached for comment. The two companies have been locked in a long-running battle over intellectual property for heart stents, with both scoring some victories along the way. Johnson & Johnson shares were recently down slightly to $65.25 premarket, while Boston Scientific were up 1.2% to $6.05. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Boston Scientific (BSX)
DateTimeHeadline
06/28/201616:18:02Annual Report of Employee Stock Plans (11-k)
06/14/201608:30:00National Institute for Health and Care Excellence Provides Positive...
06/09/201606:02:44Current Report Filing (8-k)
06/08/201619:30:00Boston Scientific to Restructure Operations
06/08/201618:30:00Boston Scientific Announces Restructuring Program to Support...
06/03/201608:00:09Statement of Changes in Beneficial Ownership (4)
06/03/201607:59:42Statement of Changes in Beneficial Ownership (4)
06/03/201607:58:47Statement of Changes in Beneficial Ownership (4)
05/26/201616:14:43Specialized Disclosure Report (sd)
05/26/201616:13:54Statement of Changes in Beneficial Ownership (4)
05/26/201608:30:00Boston Scientific To Participate In Goldman Sachs 2016 Healthcare...
05/24/201621:10:00Washington, California Sue Johnson & Johnson Over Vaginal Mesh...
05/24/201608:30:00Boston Scientific to Participate in Jefferies 2016 Healthcare...
05/19/201608:30:00Boston Scientific Receives U.S. FDA Approval for Precision Montage™ M...
05/18/201616:08:54Statement of Changes in Beneficial Ownership (4)
05/13/201606:30:00Boston Scientific Announces Schedule of Presentations at EuroPCR...
05/12/201616:15:42Statement of Changes in Beneficial Ownership (4)
05/12/201616:14:51Statement of Changes in Beneficial Ownership (4)
05/09/201617:09:34Statement of Changes in Beneficial Ownership (4)
05/06/201617:38:00Boston Scientific Announces Positive Long-Term Outcomes For S-ICD...

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