Court sides with St. Jude Medical in Volcano unfair competition case

The litigation was filed by LightLab Imaging, which St. Jude acquired last year, against one of its suppliers, Axson Technology, as well as Volcano Corp., a San Diego company that bought Axson in 2008. Axson and LightLab are both based in Massachusetts.

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St. Jude Medical unit loses trade secret round to Volcano

Volcano Corp. (NASDAQ:VOLC) declared victory in the latest round of a legal battle with St. Jude Medical Inc. (NYSE:STJ) subsidiary LightLab Imaging Inc.The Superior Court of Massachusetts rejected LightLab’s claims for protection of five alleged trade secrets relating to laser technologies and denied all of the coronary imaging firm’s requests for [...]

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St. Jude Medical seals the deal with LightLab Imaging

St. Jude Medical Inc. (NYSE: STJ) said Tuesday that it completed its $90 million acquisition of LightLab Imaging Inc.With the purchase, St. Jude, based in Little Canada, Minnesota, can enter the $500 million coronary imaging market with a new imaging technology ’ optical coherence tomography (OCT).OCT uses near-infrared light to produce high-resolution, real-time images that [...]

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Good Morning America visits new heart imaging device in Cleveland

Dr. Marco Costa found a second blocked artery in Mack Bailey’s heart — and demonstrated to a Good Morning America audience the first vascular-imaging technology based on optical coherence tomography (OCT) — at the same time Thursday.Costa is an interventional cardiologist and director of the cardiovascular research institute at University Hospitals Case Medical Center in [...]

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St. Jude Medical to pay $90M for coronary imaging company

St. Jude Medical Inc. (NYSE: STJ) has agreed to pay $90 million in cash for a company that has commercialized an emerging type of medical imaging technology for use during vascular procedures.The acquisition of LightLab Imaging Inc. in Westford, Massachusetts, would enable St. Jude Medical to enter the $500 million coronary imaging market, [...]

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