NMT Medical Inc. filed a patent infringement lawsuit against AGA in 1999 regarding Amplatzer devices used to repair structural heart defects. The patent dispute alleged potential infringement by all of AGA's occluding devices including the Septal Occluder, PFO Occluder, Duct Occluder and VSD Occluders. AGA Medical has reached agreement with NMT Medical to settle an outstanding patent dispute for $30 million. This settlement will allow AGA to continue to manufacture and distribute all occluding devices unencumbered by the potential of any further patent litigation from NMT. (Mar-28-06)
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CHARLOTTE BUSINESS JOURNAL]
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