Looks like my $10K loss is getting worse...
FREMONT, Calif.--(BW HealthWire)--Feb. 22, 2000--Nidek won another round in the on-going patent disputes with VISX, Inc., as
a Federal Multi-district Litigation panel granted Nidek's motion to consolidate the pre-trial activities of six separate legal actions. In five of
the actions, VISX has filed pre-trial complaints against Nidek and its customers for alleged patent infringement of excimer laser patents.
The sixth action is Nidek's anti-trust complaint against VISX for alleged unfair business practices. Nidek's motion to consolidate and
centralize pre-trial proceedings as opposed by VISX in its effort to continue the legal battles one at a time, individually with each party.
The panel of seven judges found that consolidation of the six actions will serve the convenience of the parties involved, avoid duplication
of discovery, conserve resources, and promote a just and efficient conduct of the litigation. Accordingly, The Northern district of California
was judged to the most appropriate venue for pre-trial proceedings, and transfer of jurisdiction was so ordered.
With U.S. operations headquartered in Fremont, California, Nidek, Inc. develops manufactures, and sells laser systems and diagnostic
equipment for Ophthalmology, Optometry, General Surgery, Gynecology, and Cosmetic Dermatological Surgery. The Company's
ophthalmic and optometric products are specifically designed for diagnosing and treating retinal diseases, glaucoma, refractive therapies,
retinopathy of prematurity, and pre and post-operative cataract surgery therapy. Its surgical products are designed to treat patients in the
growing applications of cosmetic laser surgery and laser skin resurfacing. Nidek distributes its products through a network of distribution
partners and a direct sales force. For additional information please visit the company's website at nidek.com.
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CONTACT: Nidek Technologies, Inc.
Ray Sayano, Ph.D., (626) 578-1351
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: MEDICAL MEDICAL DEVICES LEGAL |
