BRIEFCASE MEDICAL DEVICE FIRM WINS ORDER.Byline: - Staff and Wire Reports RANCHO SANTA MARGARITA - A Rancho Santa Margarita-based medical device company said Friday that a federal appeals court upheld a court order protecting one of its patents. Applied Medical Corp. said that without writing an opinion, the Washington, D.C.-based Federal Circuit Court of Appeals affirmed U.S. District Judge Alicemarie Stotler's injunction barring United States Surgical from making, using or selling certain products used in minimally invasive surgery minimally invasive surgery Laparoscopic surgery, see there. See Laparoscopic cholecystectomy. that utilize one of Applied Medical Corp.'s patents. Connecticut-based United States Surgical is a unit of Tyco Healthcare Group LLP LLP - Lower Layer Protocol . J&J, Merck sue Procter & Gamble NEW YORK - A joint venture between Johnson & Johnson and Merck & Co. has sued Procter & Gamble Co., saying the company falsely advertised a new medicine going on sale Monday to imply it cures heartburn heartburn, burning sensation beneath the breastbone, also called pyrosis. Heartburn does not indicate heart malfunction but results from nervous tension or overindulgence in food or drink. in a day. The lawsuit was filed this week in U.S. District Court in Manhattan by Johnson & Johnson-Merck Consumer Pharmaceuticals Co., based in Fort Washington, Pa. Prilosec OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). , an over-the-counter version of Prilosec, the heartburn and ulcer drug, will be sold nationwide beginning Monday. It will be competing against J&J-Merck's products including the Pepcid line of nonprescription non·pre·scrip·tion adj. Sold legally without a physician's prescription; over-the-counter. heartburn remedies and Mylanta antacids Antacids Definition Antacids are medicines that neutralize stomach acid. Purpose Antacids are used to relieve acid indigestion, upset stomach, sour stomach, and heartburn. . Nike will settle free speech case BEAVERTON, Ore. - Nike Inc. agreed to pay $1.5 million to a worker rights group to settle the commercial free speech case it took to the U.S. Supreme Court, the company said Friday. Marc Kasky, a San Francisco labor activist, had sued the Beaverton-based athletic shoe and clothing giant five years ago, accusing it of false advertising for claiming the company was protecting labor rights at overseas contract factories that make footwear for Nike. The surprise settlement left hanging the core issue of whether Nike lied and if it did, if its ads qualified as protected speech under the First Amendment. Workers in BofA probe are fired CHARLOTTE, N.C. - Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Corp. said Friday that it has fired the head of its mutual fund business and two other employees who were named in a probe of improper mutual fund trading by the New York attorney general. The company said an undisclosed number of other employees were also dismissed, but did not identify them. ``Bank of America is confirming that three people, Robert Gordon, Charles Bryceland and Theodore Sihpol, have been asked to leave the company,'' said bank spokesman Bob Stickler stick·ler n. 1. One who insists on something unyieldingly: a stickler for neatness. 2. Something puzzling or difficult. . ``Several other employees also been asked to leave the company.'' Stickler declined to name the other bank employees. Last week, New York Attorney General Eliot Spitzer filed documents alleging that a New Jersey hedge fund, Canary Capital Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and its manager, Edward Stern, worked with Bank of America and other mutual-fund companies to pursue improper trading strategies. |
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