Court Upholds Masimo’s $468 Million Victory in Patent Suit Against Philips Units
A federal court has upheld a jury’s nearly $500-million award to medical device firm Masimo Corp. in a win in a long-running patent dispute, reports The Los Angeles Times.
In 2009, Masimo sued Philips Electronics North American Corp. and Philips Medizin Systeme Boblingen, both subsidiaries of Royal Philips, alleging they infringed patents for non-invasive technology that monitors oxygen in patients’ blood.
A federal judge in Delaware upheld the award and denied Philips’ request for a new trial.
Knobbe Martens Olson & Bear LLP represents Masimo. In a release, the firm said the infringement case between Masimo and Philips remains ongoing, with more trials anticipated regarding other patents Masimo contends Philips has infringed.
