World Heart Corp - WHRT and TSE/WHT Message Board

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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT

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To: SwampDogg who wrote (351)	2/4/2000 5:06:00 PM
From: Steve G.	Read Replies (1) of 500

Here is the news, it appears to me that World Heart is making it clear they will challenge even minor infringements such as this. World Heart Corp. has lost its legal battle with Abiomed Inc. with respect to alleged breach of contract and misappropriation of trade secrets. The verdict in the jury trial came down on Friday. The jury found in favour of the Abiomed. "The effect of this decision is to determine that Abiomed's transcutaneous energy transfer system does not incorporate or rely upon trade secrets that belong to WorldHeart. The decision does not affect WorldHeart's ownership of its own transcutaneous energy technology,' said Rod Bryden, president and CEO of WorldHeart. "We have given notice to the court of our intention to file a motion to set aside the decision, sanction the defendant and seek a new trial on the grounds of misconduct of the defendant by failure to provide full and timely disclosure of evidence during pre-trial discovery," said Bryden.

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