litigation
confidence high
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DexCom and Abbott settle global patent litigation, enter royalty-free cross-license
DEXCOM INC
- DexCom and Abbott signed a settlement and patent cross-license agreement on Dec 20, 2024.
- Each party grants the other a worldwide, royalty-free, non-exclusive license to certain analyte-sensing patents.
- No royalties or any financial compensation are required under the agreement.
- Both parties entered a covenant not to sue until December 20, 2034.
- Non-challenge provisions apply to licensed patents for varying periods.