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March 20, 2014
06:33 EDTANGOAngioDynamics wins $74.9M in case against biolitec AG
AngioDynamics announced a recent court action in its legal case against biolitec AG. On March 18, the U.S. District Court for the District of Massachusetts entered a judgment awarding AngioDynamics $74.9M in damages based on AngioDynamics' claims that biolitec AG, Biomed Technology Holdings Limited and Wolfgang Neuberger tortiously interfered with its U.S. subsidiary, biolitec Inc.'s, contractual obligations. The dispute originally began when AngioDynamics asserted biolitec Inc. breached a contractual agreement to defend and indemnify AngioDynamics against patent infringement claims by third parties arising out of the use of laser vein ablation products supplied by biolitec.
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October 28, 2014
06:38 EDTANGOAngioDynamics receives OPS procedure classification code in Germany
AngioDynamics announced the Germany Ministry of Health has issued an OPS, a procedure classification code, for the company's NanoKnife System. This process is the first step in securing reimbursement for new medical technologies in Germany. Being granted an OPS is an important step in the universal acceptance of a medical technology.

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