Thursday, August 09, 2007

Medtronic Purchases MRI Patents

Medtronic made a necessary purchase of Biophan's intellectual property for its newly-introduced MRI-safe pacemaker product line. They got off pretty cheap: $11 million, and avoided later legal challenges that were sure to arise if they had not made the purchase. The next question is, since Biophan was best-known for their work in this space, will they have enough intellectual property left to survive?


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