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Patent Law
: The Patent ProspectorVision Correction
By Gary Odom and Jordan Kuhn
CIBA
Vision, maker of extended-wear contact lenses, was short-sighted: its
ophthalmologist, Rembrandt Vision Technologies, corrected CIBA's vision. The tab
was $41 million. That's a 6+% royalty for past sales of contact lenses
infringing
5,712,327, which claims contact lenses with superior water absorption.
Rembrandt now has superior lucre absorption.
Bausch & Lomb had previously settled in the same suit. Patent Troll Tracker has an interesting tale of the B&L settlement agreement.
Full post as published by The Patent Prospector on February 09, 2008 (boomark / email).
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Correction from Dan Klein:
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