Jury rules for cardiologist
A federal jury ruled on May 23rd that Cordis Corp., a Florida-based medical device maker and subsidiary of Johnson & Johnson, willfully infringed on patents obtained by Oklahoma cardiolgist Jan Voda, the inventor of a guiding heart catheter.
The jury decided that Voda was entitled to a 7.5% royalty on sales of certain Cordis Corp. products since February 2000. According to John Kenney, a McAfee & Taft shareholder who served as lead counsel for the plaintiff, that could amount to about $3.5 million in royalty payments.
In addition, Judge Tim Leonard will now consider punitive damages in the case. Final monetary judgment is expected in 30 days.