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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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December 9, 2014
06:31 EDTANGOAngioDynamics signs agreement with HealthTrust covering PICC products
AngioDynamics announced it signed an agreement with HealthTrust covering PICC products. HealthTrust, which serves nearly 1,400 hospitals, 800 ambulatory surgery centers and members in more than 10,600 other locations, including physician practices, long-term care and alternate care sites, has an annual purchasing volume that exceeds $23B.

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