3M has come out swinging against a U.K. firm that has launched a lawsuit against the St. Paul, Minnesota company for allegedly sabotaging a technology it acquired from that firm.In a counter lawsuit the diversified conglomerate filed in a state court in New York, 3M said that Porton Group and its CEO Harvey Boulter have [...]
[Read more of this report]The British government has gotten involved in a lawsuit against 3M over how it managed a technology it acquired from a company partially owned by a U.K. Ministry of Defence subsidiary.Four years ago, 3M bought a potential breakthrough device from Acolyte, a U.K. company owned by the Porton Group and a subsidiary of the U.K. [...]
[Read more of this report]A British company is alleging that diversified conglomerate 3M Co. sabotaged a device that it sold to the St. Paul, Minnesota company in favor of bringing 3M’s own, more expensive solution to the market.Five years ago, the Porton Group sold 3M a potential breakthrough device called the BacLite, which uses a special fluorescent light to [...]
[Read more of this report]Andover Healthcare Inc. pulls its compression bandage system off the market in the face of a legal move by 3M Co. to enforce a recently won patent.3M Co. (NYSE:MMM) forced a compression bandage system made by Andover Healthcare Inc. off the market by threatening to seek a legal injunction barring sales of the product.The St. [...]
[Read more of this report]3M Co. sues Andover Healthcare Inc. for allegedly infringing on patents related to the company’s two-layer compression bandage systems.3M Co. (NYSE:MMM) is suing Salisbury, Mass.-based Andover Healthcare Inc. for patent infringement.The company alleges that Andover’s two-layer compression bandage systems, including its CoFlex TLC and the CoFlex TLC Lite, infringe upon patents that cover 3M’s Coban [...]
[Read more of this report]In the end, Matt Kramer’s departure from the University of Minnesota was a lot more low key than his hiring less than a year ago.With great fanfare, the school had hired Kramer in July 2009 to run what was then known as the Academic and Corporate Relations Center. The university had good reason to crow: [...]
[Read more of this report]Long before healthcare reform, medical home, and quality metrics became today’s buzz words, there was the Buyers Health Care Action Group (BHCAG).Founded in 1988, the coalition of large Minnesota companies, including 3M, Target, Medtronic, Best Buy, and General Mills, pioneered concepts of paying doctors for good performance and promoting transparency in the quality and value [...]
[Read more of this report]Aside from sharing the same first letter, “mojo” and “Minnesota” are words that don’t seem to carry a lot in common, though that may soon change. The state is home to 19 Fortune 500 companies, a world-class hospital and research center in Rochester and SPAM–what else do you need? But the land of 10,000 lakes [...]
[Read more of this report]A top Commerce Department official Tuesday vowed to unclog the country’s beleaguered patent office, linking efforts to clear hundreds of thousands of patent applications to creating jobs and reducing America’s trade deficit.In an interview with MedCity News, David Kappos, Undersecretary of Commerce for Intellectual Property who directs the United States Patent and Trademark Office (USPTO), [...]
[Read more of this report]This is the second major divestiture for AMS in the past six months. The Minnetonka-based company sold its Ovion sterilization technology to Mountain View, Calif.-based Conceptus Inc. for $23.6 million last October.
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