We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
ResMed Inc | NYSE:RMD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.17 | -0.54% | 216.98 | 221.40 | 216.72 | 219.63 | 654,899 | 01:00:00 |
SAN DIEGO, May 13, 2016 /PRNewswire/ -- ResMed (NYSE:RMD) the world's leading tech-driven medical device company and innovator in sleep-disordered breathing and respiratory care, announced today that the United States International Trade Commission (ITC) has accepted its request to investigate alleged infringement of its patented technology by Chinese medical device manufacturer BMC Medical Co., Ltd. and its U.S. distributor, 3B Medical.
The ITC has agreed to review the alleged infringement of four ResMed patents by BMC's first and second generation flow generator products, the RESmart and the Luna. The ResMed patents cover ResMed's innovative flow generators and ventilators, including:
The U.S. ITC Notice of Institution of Investigation can be found here: http://1.usa.gov/1VV2GxO
Based on a previous challenge from BMC, the United States Patent and Trademark Office rendered a final decision in January 2016 upholding the validity of the asserted claims from ResMed's 453 patent; BMC did not appeal that ruling.
ResMed is asking the ITC to stop BMC and 3B from importing and selling flow generators in the United States based on the alleged infringement of its patents. ResMed has also filed a lawsuit in federal court in San Diego seeking damages.
"ResMed has developed leading edge solutions for the treatment of sleep apnea and other respiratory conditions," said ResMed's global general counsel and chief administrative officer David Pendarvis. "ResMed's proprietary innovations provide key benefits to patients, including increased comfort and usability, that help with successful CPAP therapy. We are appreciative of the ITC's decision to investigate the alleged infringement. We will continue to defend our proprietary technology that underscores the high-quality solutions we provide to patients in the United States and around the world."
About ResMed
ResMed (NYSE:RMD) changes lives with award-winning medical devices and cutting-edge cloud-based software applications that better diagnose, treat and manage sleep apnea, chronic obstructive pulmonary disease (COPD) and other chronic diseases. ResMed is a global leader in connected care, with more than 1 million patients remotely monitored every day. Our 5,000-strong team is committed to creating the world's best tech-driven medical device company – improving quality of life, reducing the impact of chronic disease, and saving healthcare costs in more than 100 countries. Find more about ResMed at ResMed.com, Facebook, Twitter and LinkedIn.
Contacts: |
|
For News Media: |
For Investors: |
Alison Graves |
Agnes Lee |
Public Relations Manager |
Senior Director, Investor Relations |
O: 858-836-6789 |
O: 858-836-5971 |
news@resmed.com |
investorrelations@resmed.com |
Logo - http://photos.prnewswire.com/prnh/20140310/LA79234LOGO-a
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/international-trade-commission-to-investigate-chinese-manufacturer-bmc-medicals-infringement-of-resmed-patents-300268180.html
SOURCE ResMed Inc.
Copyright 2016 PR Newswire
1 Year ResMed Chart |
1 Month ResMed Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions