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Luna challenges $36.3 million verdict

By: Sarah Bruyn Jones Luna Innovations Inc. has asked a California judge to throw out a $36.3 million jury verdict against it, arguing the award is based on a flawed interpretation of law. Even as the legal battle with Hansen Medical Inc. continues, Luna's chief operating officer said there is no bad blood between the two companies and he would be willing to work with Hansen to apply Luna's technology to Hansen's medical device. "We would like our technology to be used in as many places and as many procedures that could help save lives," COO Scott Graeff said about the application of Luna's technology to medical devices. In order to continue reading this interesting article from Roanoke, click here.

Full post as published by The Trade Secrets Vault on June 14, 2009 (boomark / email).