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Biotech / Medical : Medtronic (MDT) -- Ignore unavailable to you. Want to Upgrade?


To: Jack Hartmann who wrote (467)3/7/2000 3:28:00 PM
From: Dennis  Read Replies (1) | Respond to of 687
 
Anything goes in this crazy market....time to hunker down till the storm passes......26% of S&P at 52 week lows....1% at 52 week high....according to CNBC....think this will make Uncle Al Greenspam happy????

The rich just can't stand it when the little guys are making money......incredible.

Good Luck



To: Jack Hartmann who wrote (467)3/29/2000 3:36:00 PM
From: Mike  Read Replies (2) | Respond to of 687
 
Lawsuit on the S670 Stent
by: cashcow75
3/29/00 3:25 pm
Msg: 5653 of 5653
NATICK, Mass., March 29 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX - news) announced today that
it has filed a patent infringement lawsuit against Medtronic AVE, Inc. to enforce the Bonzel Rapid Exchange patent rights it
acquired with Schneider Worldwide in September 1998. The suit, filed in United States District Court for the Northern
District of California, alleges that the S670 Rapid Exchange Coronary Stent System manufactured and sold by Medtronic
AVE, Inc. infringes the Bonzel patent. Boston Scientific is seeking damages as well as preliminary and permanent injunctive
relief.

Rapid exchange technology, also referred to as Monorail(TM) catheter technology, allows physicians to more easily
exchange balloon catheters during a procedure. The ability to exchange devices rapidly is important because it helps reduce
both procedure time and costs. The use of rapid exchange technology also improves patient comfort and safety.

Jim Tobin, Boston Scientific President and Chief Executive Officer, commented on the lawsuit, ``We made a major
investment in acquiring the Schneider business and its intellectual property rights. The Bonzel patent protects the use of rapid
exchange technology which offers procedural advantages to interventional cardiologists. It is preferred by many physicians.
Boston Scientific will vigorously enforce and protect its intellectual property.'



To: Jack Hartmann who wrote (467)3/31/2000 10:46:00 AM
From: Jack Hartmann  Read Replies (1) | Respond to of 687
 
09:29 ET Medtronic (MDT) 51: Prudential reits ACCUMULATE and $55
price target; believes that FDA approval on Jewel AF and an FDA
advisory committee recommendation for Activa (for Parkinson's disease)
will be strong catalysts for the stock; FDA panel meeting for Activa
slated for today.

From briefing.com
Jack