Jury awards Edwards $74M in patent dispute with Medtronic

Medtronic Inc. lost the latest round in a long-running legal dispute when a jury found that its CoreValve heart valve system infringes on patents held by Edwards Lifecsciences Inc.The case is far from over, however, as Medtronic said it would appeal the jury’s verdict, which awarded Edwards $74 million in damages. Edwards plans to seek [...]

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Medtronic begins big study of heart valve replacement system

Medtronic Inc. has begun what’s expected to be a 1,000-patient study of a catheter-based system that it hopes will become a less-invasive–and highly lucrative–alternative to open heart surgery for valve replacement.Medtronic’s CoreValve system allows a replacement heart valve to be placed in a patient’s body via a catheter inserted in the femoral artery, which is [...]

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Former Medtronic executive starts device venture fund with Essex Woodland

Dan Lemaitre will lead the new White Pine Medical fund, which will receive a financing commitment of “up to” $50 million from Essex Woodlands Health Ventures.

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Medtronic buying two technologies that treat diseased heart valves

Minneapolis medical device company Medtronic Inc. on Monday acquired one heart valve technology maker and agreed to buy another. The moves push the medical-devices giant further into the market of non-surgical or minimally invasive surgery technologies for replacing heart valves.

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