Home / News in Brief / Va. company gets $35 million in patent dispute

Va. company gets $35 million in patent dispute

NORFOLK (AP) A Virginia Beach company has been awarded nearly $35 million in a patent dispute over technology it owns.

A federal court jury on Tuesday awarded the money to LifeNet Health following a 10-day trial with a rival company accused of using technology for soft tissue grafts and bone preservation.

The Virginian-Pilot reports that the U.S. District Court jury in Norfolk rejected defenses by New Jersey-based LifeCell Corp. that LifeNet’s patent was invalid or had already existed.

According to LifeNet, three company scientists developed a method to preserve bone and tissue. LifeNet said it was awarded the patent in 2003 and began marketing products based on the technology in 2007.

LifeCell began marketing a similar preservation product beginning in 2009.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply