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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.
News For ANGO From The Last 14 Days
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November 18, 2014
09:53 EDTANGOAngioDynamics repeats FY15 adjusted EPS view 65c-71c, consensus 69c
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09:52 EDTANGOAngioDynamics repeats Q2 adjusted EPS view 14c-17c, consensus 15c
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07:37 EDTANGOStifel to hold a conference
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