Injury victims come in all shapes and sizes. And Johnson & Johnson wouldn’t strike you as the normal sized injury victim but that is exactly what they claimed to be when they sued Boston Scientific for patent infringement regarding a medical device.
Well, according to Bloomberg News, Boston Scientific has settled that suit for $1.73 billion. The company denies any wrong doing of course and the end of the litigation sent Johnson & Johnson’s stock upward.
The patent infringement case centered around cardiac stents – very small tubes of mesh the keep arteries in the heart open after heart surgery.
