BDX - AngioDynamics Resolves Decade-Long Patent Litigation With Becton Dickinson In Settlement Agreement | Benzinga
AngioDynamics, Inc. (NASDAQ:ANGO) signed a settlement agreement with Becton, Dickinson And Company (NYSE:BDX) to resolve all outstanding patent litigation with C.R. Bard.
As per the settlement agreement, BD will provide AngioDynamics with a license for specific port patents, while AngioDynamics will reciprocate by granting BD a license for certain catheter patents.
“We are pleased to bring this long-standing litigation to a successful conclusion that will reduce our ongoing legal spend and lift a more than ...