Boston Scientific won't get new stent patent trial

September 16, 2008 11:10 AM E-mail| |Comments ()| Text size +

Boston Scientific Corp., the Natick medical device company, said an appeals court denied its request for a new trial of a patent case brought by Johnson & Johnson.

Late Monday, Boston Scientific said the United States District Court in Delaware granted Johnson & Johnson's motion for entry of final judgment, and refused to allow a new trial. In 2000, Boston Scientific said a jury found the company had violated a patent on the NIR stent, and awarded Johnson & Johnson $324 million.

A final judgment will be entered on Sept. 30.

Boston Scientific no longer sells the NIR stent.

Shares of Boston Scientific fell 30 cents, or 2.3 percent, to $12.89 on the New York Stock Exchange, while Johnson & Johnson added 18 cents to $69.79. (AP)

Email this article

Invalid email address
Invalid email address

Sending your article

Your article has been sent.

Col3