Medtronic issued its own press release yesterday (13th November) following a court ruling that upheld an earlier jury verdict in favour of Edwards Lifesciences. Medtronic’s CoreValve® was determined by the court to have violated Edwards’ patent.
So what next for Medtronic, who’s CoreValve device is undoubtedly threatened by the new ruling?After all, Edwards now has the right to seek an injunction to stop any rival from producing or selling products that violate its patent. For now Medtronic isn’t backing down. In a statement, the company said that while it “respects the court’s ruling, we respectfully disagree with this conclusion and we are evaluating next steps.”
Indeed the company is keen to make sure it’s business as usual, continuing to sell the device internationally and pursue critical clinical studies. Its statement reads that “These legal actions have no impact on the Medtronic CoreValve U.S. Pivotal Trial, the Medtronic CoreValve SURTAVI Trial, or any other clinical studies evaluating the CoreValve System.”