litigation
confidence high
sentiment negative
materiality 0.65
AngioDynamics loses patent infringement jury verdict to Bard on port products
ANGIODYNAMICS INC
- Jury verdict found AngioDynamics' implantable port products infringe certain Bard patents (Nov 22, 2022).
- Damages were bifurcated and not determined by jury; separate proceeding required.
- Company strongly disagrees with verdict, believes it is unsupported, and plans post-trial motions and appeals.
- Equitable issues and patent eligibility issues remain to be decided by the judge.