Settlement in Bausch & Lomb Lawsuit Against K C Pharmaceuticals Confirms Validity of B&L Patents.ROCHESTER, N.Y.--(BUSINESS WIRE)-- - Infringing 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. care products marketed by KC must be withdrawn from market Bausch & Lomb (NYSE NYSE See: New York Stock Exchange :BOL BOL Bolivia (ISO Country code) BOL Books Online BOL Bole (SIL code, Nigeria) BOL Bill Of Lading BOL Beginning Of Line BOL Best Of Luck BOL Buzz Out Loud BOL Bruin Online BOL Beginning Of Life ) today announced the settlement of its patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. against K C Pharmaceuticals, a Pomona, California-based manufacturer of private label eye care products, which involves United States patents covering multipurpose contact lens care products sold under Bausch & Lomb's ReNu(R) brand name. Under the terms of the agreement, K C Pharmaceuticals acknowledges the validity and enforceability of Bausch & Lomb's patents and agrees to stop selling infringing products. "This settlement agreement is a significant victory for both our company and the consumer," said Alan Dozier Dozier may be: People:
On January 12, 1998, Bausch & Lomb filed its lawsuit against K C Pharmaceuticals in U.S. District Court in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or , claiming the pharmaceutical company infringed on Bausch & Lomb's Patents No. 4,758,595 and 4,836,986. Bausch & Lomb Incorporated is a global eye care company dedicated to helping consumers see, look and feel better through innovative technology and design. Its core businesses include soft and rigid gas permeable contact lenses, lens-care products, premium sunglasses and ophthalmic pharmaceutical and surgical products. The company is advantaged with some of the most respeted brands in the world starting with its name, Bausch & Lomb(R), and including Ray-Ban(R), Revo(R), Arnette(tm), Killer Loop(R), SofLens66(tm), Boston(R), and ReNu(R). Founded in 1853 in Rochester, N.Y., where it continues to have its headquarters, the company has annual revenues of approximately $2 billion and employs approximately 15,000 people in 35 countries. Bausch & Lomb products are available in more than 100 countries around the world. |
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