Alcon Inc.

Advanced Medical Optics (AMO) filed a patent lawsuit against Alcon Inc. concerning Alcon's INFINITI vision system and the ADVANTEC and EVEREST software upgrades for the LEGACY surgical system. As well, Alcon filed a suit against AMO concerning AMO's SOVEREIGN, SOVEREIGN Compact and PRESTIGE surgical systems. Alcon has agreed to pay AMO $121 million to settle patent disputes. The settlement will allow both parties to continue marketing their product lines on a royalty-free basis and reduce the likelihood of future patent disputes. (Jul-11-06) [MSN MONEY]

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