Executive Summary
Electronic technology firm Acacia Research has settled patent litigation suits brought against two of its medtech subsidiaries by signing licensing deals with the plaintiffs. Firstly, Johnson & Johnson has ended a patent dispute over cannulae technology by signing a licence agreement with Acacia’s Cardio Access subsidiary. According to Acacia Research, the disagreement involved cannulae with multiple access port legs and at least one haemostatic valve, which can be adapted for percutaneous insertion of various catheters. In a separate agreement, Acacia’s Hospital Systems subsidiary resolved legal proceedings with medical imaging firm UltraRAD (West Berlin, New Jersey) by entering a licence agreement for a portfolio of patents linked to medical picture archiving and communication technology. Financial terms of the two agreements were not disclosed.