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Conceptus (CPTS) Files Patent Infringement Suit Against Hologic (HOLX)

May 22, 2009 4:13 PM EDT
CPTS Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +9.1%
Conceptus, Inc. (Nasdaq: CPTS) announced that it filed a lawsuit in the United States District Court, Northern District of California against Hologic, Inc., (Nasdaq: HOLX) seeking a declaration by the Court that Hologic's planned importation, use, sale or offer to sell of its forthcoming Adiana Permanent Contraception system, will infringe several U.S. patents owned by Conceptus, including U.S. Patent Nos. 6,634,361, 6,709,667, 7,237,552, 7,428,904 and 7,506,650. Conceptus seeks an injunction prohibiting Hologic from importing, using, selling or offering to sell its Adiana system in the United States.

Conceptus, Inc. develops, manufactures and markets the Essure permanent birth control system, a medical device for women that is approved for marketing in the United States by the United States Food and Drug Administration (FDA). [SM]

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