Page 12 - HME Business, March 2017

News / Trends / Analysis
ResMed and 3B/BMC Settle All Pending Litigation
Companies have called a truce following years of legal battles over sleep equipment patents.
between the companies, which has spanned more than three years and seen multiple battles with wins and losses on both sides. Under the agree- ment, Chinese medical device manufacturer, BMC Medical, and its U.S. sales subsidiary, 3B Products, will be allowed to sell their existing products, but they must make royalty payments to ResMed. Meanwhile, ResMed is required to make a one- time settlement payment to 3B to resolve litigation in Florida.
The agreement does not include any admission of liability or wrongdoing by any of the companies.
• Litigation resolved by the settlement includes:
• Pending litigation before the U.S. International Trade Commission;
• Lawsuits pending in district court in Florida and California;
• Foreign litigation in China and Germany; and
• Validity challenges pending in various patent offices around the world.
Spokespeople for all three companies issued public statements indicating how pleased they are to have resolved their legal issues. David Pendarvis, global general counsel for ResMed, pointed out that the settlement “allows us to avoid the distrac- tion and ongoing expense of continued litigation.”
Pendarvis and James Xu, general manager of BMC Medical, both stated that their respective companies plan to focus their energy on devel- oping new products for patients with sleep-related respiratory conditions. n
— Leila Meyer, leilameyer@gmail.com
Cryogenic Solutions and Inventory Solutions Merge as CIS
Two companies will continue to specialize in refurbished oxygen equipment, but now under one new company name and logo.
Refurbished respiratory equipment companies Cryogenic Solutions and Inventory Solutions, have merged and transitioned to a new
company name and logo: CIS (Cryogenic Inventory Solutions).
“On behalf of everyone at
Cryogenic Solutions and Inventory Solutions, we are excited to announce the combining of two very successful brands into one powerful name,” Todd Durham, CEO of CIS, stated. “The CIS name final- izes the integration of the two companies and provides a clear picture of who we are and the markets we serve”
The newly integrated company is headquar- tered in Indianapolis Ind., and can be reached at (866) 446-8765. n
— Leila Meyer, leilameyer@gmail.com
Sleep and oxygen equipment maker, ResMed, and rival manufacturer, 3B Products/ BMC Medical, have reached a five-year agree-
ment resolving all outstanding litigation between the companies.
The settlement ends an intellectual property war
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