Judge raises patent award against Cochlear Ltd. to $268M

A federal judge in California has ordered Cochlear Ltd. (ASX:COH) to pay $268 million — double a jury's previous award — to the Alfred E. Mann Foundation in a patent dispute. The foundation, named for one of the inventors of cochlear implant technology, sued Australia-based Cochlear in 2007, alleging infringement of a pair of patents covering the hearing implant technology. The foundation licensed the patents to Advanced Bionics. In November 2016, a federal appeals court overturned a win for Cochlear Ltd. in its patent spat with Advanced Bionics over hearing implant technology, sending the case back to district court for reconsideration in light of the U.S. Supreme Court decision in Halo v. Pulse/Stryker v. Zimmer, relaxing the standard for enhanced damages awards ...

from #Head and Neck by Sfakianakis via simeraentaxei on Inoreader https://ift.tt/2T8x8WW