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MDT - Medtronic's Patent Challenge And Other News: The Good Bad And Ugly Of Biopharma
Medtronic plc.
Medtronic Gets Patent Challenge from Axonics
Medtronic Plc (MDT) saw a small setback as Axonics Modulation Technologies filed a petition with the United States Patents and Trademark Office against one of its patents. The petitions contest the validity of Medtronic's patent related to sacral neuromodulation (SNM).
It is expected that the Patent Trial and Appeal Board will report their decision from the inter partes review ((IPR)) in the next 12 months of beginning of the process. However, the board may take up to six months to decide whether the use of IPR is