CEO Believes Company Will Be Vindicated in Future Proceedings
FRANKLIN, Tenn.--(BUSINESS WIRE)-- Dana Wm. Ryan, President, CEO and Chairman of the Board of RyMed Technologies, Inc., today responded to a mixed verdict in a patent infringement case concerning RyMed's InVision-Plus® with Neutral Advantage™ technology IV connector.
On December 17, 2010, an eight-person jury in the U.S. District Court of Delaware determined that there was no willful infringement of any patent. Addtionally, the jury found in RyMed's favor on one patent but decided against RyMed on two other patents. All three patents are owned by ICU Medical, Inc., which like RyMed makes IV connectors.
“While we are disappointed in the jury's decision on two of the three patents, the entire matter is not yet resolved,” Ryan said. “We believe that RyMed will be vindicated as these proceedings continue to move through the court system. In the meantime, we expect that the availability of our products will not be affected by this verdict.”
A poster presentation at the recent 2010 State of the Science Congress on Nursing Research showed that InVision-Plus outperformed six other manufacturers' connectors in suppressing bacteria known to cause catheter-related bloodstream infections (CRBSI). The poster also summarized research showing that In-Vision Plus reduced occlusions 20%-to-84% in clinical settings with cancer patients. Occlusions have been shown by research to lead to CRBSI, the poster noted.
About RyMed Technologies, Inc.
Founded in 1994, RyMed Technologies specializes in the development and marketing of innovative safety products in the field of intravenous catheter care management. The company’s products are designed to help reduce catheter-related infections associated with vascular access. More than 10 years of research and development have gone into InVision-Plus.
The company is headquartered in Franklin, Tenn. For more information, call (615) 790-8093 or access www.rymedtech.com.
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KEYWORDS: United States North America Delaware Tennessee
INDUSTRY KEYWORDS: Surgery Health Cardiology Hospitals Infectious Diseases Medical Devices Oncology Radiology Medical Supplies Nursing Managed Care
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