Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Patent Office Reissues Lasersight Scanning Patent
Jan 2002
WINTER PARK, Fla., Jan. 17 -- LaserSight Inc. said the US Patent and Trademark Office has reissued its patent 5,520,679, Ophthalmic Surgery Method Using Non-Contact Scanning Laser, formerly known as the '679 patent, as US Patent No. RE37,504 (the '504 Scanning Patent). The company previously announced the Patent Office's allowance of the reissue in March 2001.

In a separate announcement, the company said it received payment of an additional license fee of $2 million from Bausch & Lomb Inc. related to a license to what is now the '504 patent. Bausch & Lomb was granted a nonexclusive license to the '504 Scanning Patent in the ophthalmic field, which also provided for LaserSight to disclose certain confidential information related to its intellectual property portfolio. After reviewing this confidential information, Bausch & Lomb exercised its option to make the additional payment of $2 million, in return for which LaserSight has agreed to forgo its option to terminate Bausch & Lomb's license. In addition, Bausch & Lomb will not participate in any future net royalties LaserSight receives from the '504 Scanning Patent.

lasersNews & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.