Given Imaging and Olympus Reach Settlement

Given Imaging has announced that they and Olympus have reached a settlement on all patent infringement issues. Apparently, Olympus will pay Given imaging 2.3 million dollars. The remaining terms of the settlement have not been published, but it is understood that the two companies will cooperate henceforth on future developments regarding the endoscopy pill.

Given Imaging is an Israel company that has developed a camera and power source encapsulated in a pill, that is designed to be swallowed and to enable viewing of the digestive tract as it passes through the body until it is eventually excreted. The camera on pill is replacing uncomfortable fiber optic endoscopy in many applications.  

 



Categories: Intellectual Property, Israel, Israel IP, Israel Related, News, Opinion, Patents

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: