New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:43 EDTBDX, PODDInsulet enters settlement and license agreement with Becton Dickinson
Insulet disclosed in a regulatory filing Friday night that on June 23 the company entered into a settlement and license agreement with Becton, Dickinson and Company (BDX) to settle the pending patent infringement lawsuit brought by BD against the company. In exchange for a release of claims, covenant not to sue and license to the patents in suit from BD, the settlement agreement provides that the company will make a one-time payment of $5M to BD and give BD a license to a single company patent relating to an environmental seal for a fluid delivery device. In addition to the settlement payment, it is expected that the company’s legal and other expenses associated with the lawsuit will be up to approximately $2.0M in the second quarter. Following the company’s payment of the settlement payment, the parties will promptly move to dismiss the pending lawsuit by BD, Insulet noted.
News For PODD;BDX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2015
19:25 EDTPODDInsulet issues voluntary recall of OmniPod insulin management system
Subscribe for More Information
August 26, 2015
09:20 EDTBDXFluidigm has negative read through from Becton Dickinson deal, says Leerink
Subscribe for More Information
August 25, 2015
16:09 EDTBDXBecton Dickinson unit acquires Cellular Research to develop genomics platform
Subscribe for More Information
07:29 EDTBDXBecton Dickinson acquisition positive, says Stifel
Subscribe for More Information
August 19, 2015
06:08 EDTBDXFDA warns 'do not use' compounded drugs stored in BD 3ml, 5ml syringes
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use