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.