Venetec International, Inc. announced today that it has prevailed in a patent infringement lawsuit against Medical Device Group, Inc. (MDG). Venetec sued MDG in federal court in San Diego, alleging that MDG's Stable-Line PICC Catheter Securement Device infringed Venetec's U.S. patent number 5,192,274. In response to the lawsuit, MDG pulled its product from the market and agreed not to sell its product in the future. "This is a significant legal victory for Venetec," said Steve Bierman, M.D., Venetec's founder and chief medical officer. "Our patents are critical to the success of our company and protect our ability to continue to provide enhanced medical care to patients."

Posted by GEN-ERIC at 02:50:09 am into the following categories: In The News

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