IRVINE, Calif., March 9, 2017 /PRNewswire/ -- Edwards
Lifesciences Corporation (NYSE: EW), the global leader in
patient-focused innovations for structural heart disease and
critical care monitoring, today announced that a district court in
Düsseldorf, Germany ruled that
Boston Scientific's Lotus valve infringes one of Edwards' patents
for transcatheter aortic valves, but does not infringe a
second. The court also ruled that the Edwards SAPIEN 3 valve
infringes two of Boston Scientific's patents for outer seals of
transcatheter heart valves. Edwards will promptly request an
appeal, and believes that the company will ultimately
prevail.
Boston Scientific initiated litigation that now involves
multiple patents in multiple venues, and will likely yield court
actions over an extended period of time. The company does not
presently anticipate disruption to the supply of SAPIEN 3 valves to
patients, and Edwards is not updating its 2017 financial
guidance.
About Edwards Lifesciences
Edwards Lifesciences, based in Irvine,
Calif., is the global leader in patient-focused medical
innovations for structural heart disease, as well as critical care
and surgical monitoring. Driven by a passion to help
patients, the company collaborates with the world's leading
clinicians and researchers to address unmet healthcare needs,
working to improve patient outcomes and enhance lives. For more
information, visit www.Edwards.com and follow us on Twitter
@EdwardsLifesci.
This news release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These
forward-looking statements include, but are not limited to,
statements regarding financial guidance and expected future impacts
of the court's decision. Forward-looking statements are based
on estimates and assumptions made by management of the company and
are believed to be reasonable, though they are inherently uncertain
and difficult to predict. Our forward-looking statements
speak only as of the date on which they are made and we do not
undertake any obligation to update any forward-looking statement to
reflect events or circumstances after the date of the
statement.
Forward-looking statements involve risks and uncertainties that
could cause results to differ materially from those expressed or
implied by the forward-looking statements based on a number of
factors, including but not limited to, unanticipated outcomes from
future appeals and legal proceedings, including potential damages,
costs and injunctive relief (which is not automatic, but is instead
up to each party to enforce), and the effectiveness of plans to
mitigate these impacts. These factors are detailed in the company's
filings with the Securities and Exchange Commission including its
Annual Report on Form 10-K for the year ended December 31, 2016. These filings, along
with important safety information about our products, may be found
at edwards.com.
Edwards, Edwards Lifesciences, the stylized E logo, SAPIEN and
SAPIEN 3 are trademarks of Edwards Lifesciences Corporation.
All other trademarks are the property of their respective
owners.
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SOURCE Edwards Lifesciences Corporation