Edwards Lifesciences is resolving its longstanding dispute with Boston Scientific over transcatheter aortic valve replacement (TAVR) patents. However, this time the Irvine, CA-based company is on the other side of the lawsuit coin and is poised to dole out a one-time payment of $180 million to Boston Scientific. Both companies said that no further royalty fees will be owed by any company. In addition, both companies said that all pending cases or appeals in courts and patent offices will be dismissed, and the parties will not litigate patent disputes related to current portfolios of transcatheter aortic valves, certain mitral valve repair devices, and left atrial appendage closure devices. Any injunctions currently in place will be lifted. Shares of Edwards (NYSE: EW) were up 7.3% upon new...
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