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Spectranetics Settles Lawsuit With Cook Vascular

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COLORADO SPRINGS, Colo., April 10 – The Spectranetics Corp. has settled its lawsuit with Cook Vascular Inc. In October 1999, Cook filed a suit in the US Federal Court in Indiana claiming co-ownership of two patents issued to Spectranetics. On June 5, 2000, Cook amended its original complaint, alleging infringement by Spectranetics of a Cook patent directed to a mechanical device for removing implanted pacemaker leads. On March 27, 2001, a settlement agreement was entered into whereby Cook dismissed their claims against Spectranetics. "We believe our settlement with Cook Vascular was favorable...Read full article

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    Published: April 2001
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