Healthcare Industry News: AGA Medical
News Release - October 30, 2008
AGA Medical to Appeal Ruling by Dutch Court in Lawsuit With Occlutech GmbHMINNEAPOLIS, Oct. 30 -- (Healthcare Sales & Marketing Network) -- AGA Medical Holdings ("AGA Medical", "AGA") announced today its determination to appeal a recent ruling from The Patent Court in the Netherlands related to a proceeding brought by Occlutech GmbH, headquartered in Jena, Germany. The lawsuit sought invalidity and/or non-infringement declarations related to AGA Medical's claim that Occlutech had infringed on one of its European patents for intravascular occlusion devices and the method of forming or manufacturing these medical devices. The company also announced its intention to file a new suit against Occlutech for infringement of a recently issued European patent.
Following the German court's decision, Occlutech appealed the ruling and that appeal is planned to be heard in Dusseldorf in mid-November.
With respect to the Dutch case, "AGA Medical intends to pursue an appeal in this matter through The Hague's appellate court," said John Barr, President and CEO of AGA Medical. "We will continue to vigorously defend our intellectual property rights globally. We do not believe that this ruling will have any material impact on our business."
ABOUT AGA Medical
AGA Medical Corporation, based in Plymouth, Minnesota (just outside Minneapolis), is the leader in developing interventional devices to treat structural heart defects. As a result of the many contributions and creative genius of Dr. Kurt Amplatz, the company has developed and commercialized a series of devices that have revolutionized the treatment of the most common congenital "holes in the heart," such as atrial septal and patent foramen ovale defects. The company is expanding into new areas, including the minimally invasive repair of vascular abnormalities. Over 700 articles have been published in peer reviewed medical publications that support the benefits of AGA Medical devices, such as improved patient outcomes, reduced length of stay and accelerated recovery times for the patient. AGA Medical devices have received regulatory approval and are marketed in over 90 countries with over 250,000 devices shipped to date. For more information, visit http://www.amplatzer.com.
Source: AGA Medical
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