Business

Nevro to pay Boston Scientific $20 million in patent infringement case

Nevro Corp. is anticipated to pay $20 million to Boston Scientific Corp. after a Delaware jury discovered that the medical system firm had infringed on two Boston Scientific patents associated to the manufacturing of a spinal twine stimulation expertise, the corporate stated late Monday.

The jury discovered that Nevro infringed on two lead patents involving the methods spinal twine stimulation expertise have been manufactured. The manufacturing strategies have been applied by a third-party provider, Nevro
NVRO,
+2.22%

stated. Two different Boston Scientific
BSX,
-0.77%

patents weren’t infringed.

“We disagree with the discovering by the jury and plan to attraction,” Nevro Normal Counsel Kashif Rashid stated in a launch.

The jury’s choice doesn’t have any industrial implications or place any restrictions on present or future Nevro merchandise, the Redwood Metropolis, Calif., firm stated. The sum of money that can be awarded to Boston Scientific received’t have a fabric impact on its enterprise, Nevro stated.

“We’re gratified that the jury upheld Boston Scientific spinal twine stimulation lead patents and acknowledged that Nevro ought to pay for infringing these patents,” a Boston Scientific spokeswoman stated in an emailed assertion.

https://www.marketwatch.com/story/nevro-to-pay-boston-scientific-20-million-in-patent-infringement-case-update-271635811492?rss=1&siteid=rss | Nevro to pay Boston Scientific $20 million in patent infringement case

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