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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
07/23/201507:10:17Current Report Filing (8-k)
07/23/201507:00:00Boston Scientific Announces Results For Second Quarter 2015
07/20/201509:00:00Boston Scientific Initiates Study Evaluating New Fully Resorbable...
07/16/201516:09:04Initial Statement of Beneficial Ownership (3)
07/15/201509:14:05Current Report Filing (8-k)
07/15/201508:30:00Boston Scientific Elects Donna A. James To Board Of Directors
07/09/201509:00:00Boston Scientific Bronchial Thermoplasty Treatment Recognized...
07/07/201516:09:53Statement of Changes in Beneficial Ownership (4)
07/06/201516:34:07Statement of Changes in Beneficial Ownership (4)
07/06/201516:33:41Statement of Changes in Beneficial Ownership (4)
07/06/201516:33:41Statement of Changes in Beneficial Ownership (4)
07/06/201516:19:30Statement of Changes in Beneficial Ownership (4)
07/01/201508:30:00Boston Scientific To Webcast Second Quarter 2015 Earnings Call...
06/29/201516:55:38Annual Report of Employee Stock Plans (11-k)
06/23/201510:12:00Boston Scientific's EMBLEM™ S-ICD System Named Most Innovative P...
06/22/201509:00:00Boston Scientific Initiates Global Study To Assess EMBLEM™ S...
06/10/201509:00:00New Data Demonstrate Greater Pain Relief With Boston Scientific...
06/04/201509:00:00Boston Scientific Launches The Precision Novi™ Spinal Cord S...
06/04/201509:00:00Boston Scientific Launches The Precision Novi™ Spinal Cord S...
06/01/201516:10:25Statement of Changes in Beneficial Ownership (4)

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