Bausch & Lomb Will Appeal Decision In Ciba Patent Litigation Related to Its Innovative PureVision Continuous Wear Contact Lens.Business & Health Editors Bausch & Lomb -- Company contends Ciba`s patents are not valid, and have not been infringed -- Will file immediate appeal and seek stay of injunction prohibiting sale of PureVision(R) product -- Legal actions in Georgia and New York courts are proceeding Bausch & Lomb (NYSE/BOL) will file an immediate appeal of the decision rendered today by the U.S. Federal Court in the District of Delaware, which has ruled that the company's PureVision continuous wear contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. product infringes a patent owned by Ciba Vision To meet Wikipedia's and conform with our NPOV policy, this article or section may require cleanup. The current version of this article reads like an advertisement. Please discuss this issue on the . is available. , the eyecare unit of Novartis AG Novartis AG Swiss pharmaceutical company. It was formed through the 1996 merger of two Swiss firms: Ciba (see Ciba-Geigy) and Sandoz, a chemical company with interests in pharmaceuticals, nutrition, and agriculture. . In conjunction with its appeal, Bausch & Lomb will seek a stay of the injunction the Court granted in response to Ciba's request to prevent Bausch & Lomb from continuing to market its innovative and popular PureVision continuous wear lens. "We are convinced that our product does not infringe Ciba's patent - and, in any case, we do not believe this patent is valid," said Robert B. Stiles Stiles can refer to: People
Other legal actions are proceeding in courts in Georgia and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of involving various patents held by both companies on contact lens materials and processes. In the Georgia case, filed in early 1999, Ciba alleges Bausch & Lomb has infringed four patents, which Bausch & Lomb contends are invalid. In the New York case, filed, in November of 2001, Bausch & Lomb claims that Ciba Vision's Night And Day contact lens product infringes a Bausch & Lomb patent. This press release contains, among other things, certain statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future events or the future business performance of Bausch & Lomb. Such statements involve a number of risks and uncertainties including those concerning economic conditions, currency exchange rates, product development, enrollment and completion of clinical trials, regulatory approvals, product introductions, the financial well-being of key customers, the successful execution of marketing strategies, the continued successful implementation of its efforts in managing and reducing costs and expenses, continued positive relations with third party financing sources, as well as the risk factors listed from time to time in the Company's SEC filings, including but not limited to the Form 10K for the year ended December 29, 2001. Bausch & Lomb Incorporated is the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae global technology-based healthcare company for the eye, dedicated to helping consumers see, look and feel better through innovative technology. Its core businesses include soft and rigid gas permeable gas permeable gas adj (lenses) → luftdurchlässig contact lenses contact lenses contact npl → verres mpl de contact contact lenses contact npl → Kontaktlinsen pl contact lenses npl , lens care products, ophthalmic ophthalmic /oph·thal·mic/ (of-thal´mik) ocular (1). oph·thal·mic adj. Of or relating to the eye; ocular. Ophthalmic Pertaining to the eye. surgical and pharmaceutical products. The company is advantaged with some of the most respected brands in the world starting with its name, Bausch & Lomb, and including SofLens, PureVision, Boston, ReNu, Storz and Technolas. Founded in 1853 in Rochester, N.Y., where it continues to have its headquarters, the company had revenues of approximately $1.7 billion in 2001, and employs approximately 12,000 people in more than 50 countries. Bausch & Lomb products are available in more than 100 countries around the world. Additional information about the company can be found on Bausch & Lomb's Worldwide Web site at http://www.bausch.com. Copyright Bausch & Lomb Incorporated |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion