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Mallinckrodt and Respironics settle old score:

This article was originally published in Clinica

Executive Summary

Mallinckrodt and Respironics have reached agreement to settle litigation begun by companies which they acquired. Nellcor Puritan Bennett, now part of Mallinckrodt was suing Healthdyne Technologies, subsequently taken over by Pittsburgh-based Respironics, over trade secrets concerning Nellcor's liquid oxygen business. Also named in the suit were Trent Products and a former Nellcor general manager, Jay Hayes, who is now employed by Respironics. Financial terms of the settlement were not revealed, but Respironics will pay royalties for proprietary technology from Mallinckrodt's Nellcor division.

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