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BSC British Smaller Companies Vct2 Plc

52.50
-1.00 (-1.87%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
British Smaller Companies Vct2 Plc LSE:BSC London Ordinary Share GB0005001796 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.87% 52.50 51.50 53.50 52.50 52.50 52.50 10 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 11.11M 6.69M 0.0291 18.04 122.89M

US Court Revives Pacemaker Ruling Against St. Jude Medical

19/08/2009 6:23pm

Dow Jones News


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A federal appeals court on Wednesday revived an earlier patent infringement ruling about pacemakers against St. Jude Medical Inc. (STJ), possibly leaving the medical devices company on the hook for significant damages.

The U.S. Federal Circuit Court of Appeals, which handles patent appeals, sent the case back to the district court so a judge can award damages to Guidant Corp. and Cardiac Pacemakers Inc., which filed the suit against St. Jude in 1996. Guidant is now a unit of Boston Scientific Corp. (BSX).

Cardiac alleged in its original lawsuit that St. Jude infringed on its patent for a pacemaker, an electronic device implanted in someone's chest that gives pulses or shocks to the heart to help it beat. A jury in 2001 awarded Cardiac $140 million in royalties for patent infringement but another court overturned the ruling.

-By Jared A. Favole, Dow Jones Newswires; 202-862-9207; jared.favole@dowjones.com

 
 

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