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Patent Damages Awarded for Infringing Sales (access required)

In awarding damages to plaintiff for infringement of a patent for technology used to detect trace amounts of contraband, the Norfolk U.S. District Court awards prejudgment interest at the prime rate, 3.25 percent, compounded quarterly, not the three-month Treasury bill rate requested by defendant, and awards total damages of$418,719.51 for the 18 units sold during ...