Wells Fargo notes Abbott (ABT) and DexCom (DXCM) have disclosed that on December 20, they settled and entered right into a cross-license settlement to resolve all excellent patent litigation within the U.S. and Europe for 10 years. Beneath the settlement, each firms granted one another worldwide royalty-free, nonexclusive, absolutely paid-up license to sure patents and patent functions referring to analyte sensing, together with to all of the patents asserted within the litigation. The agency had anticipated the events to ultimately settle, so the announcement doesn’t come as a whole shock.
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