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Boston Scientific Settles More Stent Patent Suits With J&J, For $1.7 Billion

This article was originally published in The Gray Sheet

Executive Summary

The stent patent disarmament trend continued last week with the biggest settlement yet: Boston Scientific agreed Feb. 1 to pay Johnson & Johnson/Cordis $1.725 billion to settle three disputes dating back to 2003

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Medtronic will pay Abbott Laboratories $400 million to resolve a costly series of global stent patent battles that have dragged on since the '90s and in some cases limited the companies' ability to commercialize in certain markets

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