AngioDynamics Resolves Decade-Long Patent Litigation With Becton, Dickinson In Settlement Agreement
AngioDynamics Resolves Decade-Long Patent Litigation With Becton, Dickinson In Settlement Agreement
AngioDynamics, Inc. (NASDAQ:ANGO) signed a settlement agreement with Becton, Dickinson And Company (NYSE:BDX) to resolve all outstanding patent litigation with C.R. Bard.
AngioDynamics, Inc.（納斯達克股票代碼：ANGO）與Becton、Dickinson And Company（紐約證券交易所代碼：BDX）簽署了和解協議，以解決與C.R. Bard的所有未決專利訴訟。
As per the settlement agreement, BD will provide AngioDynamics with a license for specific port patents, while AngioDynamics will reciprocate by granting BD a license for certain catheter patents.
根據和解協議，BD將向AngioDynamics提供特定端口專利的許可，而AngioDynamics將向BD授予某些導管專利的許可證，作爲回報。
"We are pleased to bring this long-standing litigation to a successful conclusion that will reduce our ongoing legal spend and lift a more than ten-year distraction to the Company," commented Jim Clemmer, President and Chief Executive Officer of AngioDynamics.
AngioDynamics總裁兼首席執行官吉姆·克萊默評論說：“我們很高興成功結束這場曠日持久的訴訟，這將減少我們持續的法律支出，並消除公司十多年的干擾。”
AngioDynamics will make a single lump sum payment to BD totaling $7 million, with $3 million paid within five days and the remaining balance paid in installments over the following 12 months.
AngioDynamics將一次性向BD支付總額爲700萬美元的款項，其中300萬美元在五天內支付，剩餘的餘額將在接下來的12個月內分期支付。
AngioDynamics will additionally commit to making six minimum annual payments to BD amounting to $2.5 million each, continuing until February 2029.
此外，AngioDynamics將承諾每年至少向BD支付六筆款項，每筆總額爲250萬美元，持續到2029年2月。
Furthermore, there's a provision for potential additional payments if six percent (6%) of AngioDynamics' annual net sales from port products surpass the minimum payment threshold.
此外，如果AngioDynamics的港口產品年淨銷售額中有6％（6％）超過最低付款門檻，則可能需要額外付款。
The agreement contains mutual covenants not to sue and releases. Neither party admitted any liability in connection with the settlement agreement.
該協議包含不起訴和釋放的共同承諾。雙方均不承認與和解協議有關的任何責任。
"The settlement essentially allows us to spread what would have been two years of future legal fees over the course of six years," Clemmer added.
克萊默補充說：“該和解協議實質上允許我們將未來兩年的律師費分散在六年內。”
According to Benzinga Pro, ANGO stock has lost over 40% in the past year.
根據Benzinga Pro的數據，ANGO的股票在過去一年中下跌了40％以上。
Price Action: ANGO shares traded higher by 1.20% to $5.90 premarket on the last check Tuesday.
價格走勢：在週二的最後一次支票中，ANGO股價盤前上漲1.20％，至5.90美元。
Image by Okan Caliskan from Pixabay
圖片由 Okan Caliskan 在 Pixabay 上拍攝