Quantcast
Home / The VLW Blog / Roanoke company is loser in medical technology verdict

Roanoke company is loser in medical technology verdict

A California jury returned a $36 million verdict against a Roanoke company accused of misusing trade secrets related to medical robotics.

Luna Innovations was ordered to pay $26 million in lost profits, $10.2 million for unjust enrichment and $95,815 in damages, reports the The Roanoke Times.

The jury found that Luna not only breached a contract it signed with Santa Clara-based Hansen Medical Inc. to develop technology for a medical device, but that the company also shared Hansen’s trade secrets with a rival company. As a result, Hansen may have to obtain a court-ordered injunction to prevent their rival from using the technology.

There is question as to how the verdict will impact Luna’s financials and their ability to stay in business.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Scroll To Top