Cardica Inc. (NSDQ:CRDC) inked a two-year, $10 million stock purchasing deal with investment firm Aspire Capital Fund LLC. The agreement calls for Cardica to control the timing and amount of any sales, using a formula based on the price of CRDC stock over the 12 days preceding the sale. “Aspire Capital has no right to […]
Intuitive Surgical Inc. (NSDQ: ISRG) and Cardica Inc. (NSDQ: CRDC) have agreed to a swap, of sorts. Cardica will lend its micro-cutter technology to Intuitive's da Vinci robotic surgery systems, and Intuitive will take a 3 percent stake in Intuitive.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.