Healthcare Industry News: CoreValve
News Release - February 12, 2008
Edwards Lifesciences Initiates Patent Infringement Litigation Against CoreValve in the U.S.IRVINE, Calif., Feb. 12 (HSMN NewsFeed) -- Edwards Lifesciences Corporation (NYSE: EW ), the world leader in the science of heart valves, announced today that it has filed a patent infringement lawsuit against CoreValve, Inc., of Irvine, Calif., in the United States District Court for the District of Delaware. The suit seeks injunctive relief and damages for infringement of three of the Andersen family of patents for transcatheter heart valve technology.
"Edwards has a significant portfolio of patents in transcatheter heart valve technology, led by the Andersen patent family, and we are committed to protecting this valuable intellectual property and the interests of our clinician-inventors," said Bruce P. Garren, Edwards' corporate vice president and general counsel.
In May 2007, Edwards initiated litigation against CoreValve in the District Court of Dusseldorf, Germany, for infringement of a related Andersen patent, EP 0 592 410 B1, and similar litigation is also now pending in the United Kingdom. The European litigations address the sale of CoreValve's infringing valves; the suit filed today is directed at CoreValve's manufacture of valves in the United States for export and sale in Europe.
The relevant U.S. patents, No. 5,411,552, No. 6,168,614 and No. 6,582,462 -- part of the Andersen patent portfolio -- are fully owned by Edwards. These patents relate to a valve prosthesis for implantation by means of a catheter, and the product named in the suit is the CoreValve ReValving System.
About Edwards Lifesciences
Edwards Lifesciences, a leader in advanced cardiovascular disease treatments, is the number-one heart valve company in the world and the global leader in acute hemodynamic monitoring. Headquartered in Irvine, Calif., Edwards focuses on specific cardiovascular disease states including heart valve disease, vascular disease and critical care technologies. The company's global brands, which are sold in approximately 100 countries, include Carpentier-Edwards, Cosgrove-Edwards, FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz. Additional company information can be found at http://www.edwards.com.
Edwards is a trademark of Edwards Lifesciences Corporation. Edwards Lifesciences, Carpentier-Edwards, Cosgrove-Edwards, FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz are trademarks of Edwards Lifesciences Corporation and are registered in the United States Patent and Trademark Office.
Source: Edwards Lifesciences
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