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Invivodata And PHT Settle Patent Lawsuits


PITTSBURGH and CHARLESTOWN, Mass. — invivodata, inc. and PHT Corporation, leading providers of electronic patient reported outcome (ePRO) solutions used in clinical research, announced that a settlement has been reached in PHT’s patent infringement lawsuit against invivodata filed on Jan. 28, 2004. Although the terms of the settlement remain confidential, PHT has granted invivodata a fully paid-up worldwide license for its patents. Today’s agreement also settles the patent infringement lawsuit that invivodata filed against PHT on June 21, 2005 , and provides PHT with a fully paid-up worldwide license for invivodata’s patent. Both of the lawsuits have now been dropped.

“We are pleased that we were able to amicably reach an agreement with invivodata and cross-license each other’s patents,” said Phil Lee, PHT president and CEO. “This settlement is good for the ePRO industry and for adoption, as it brings stability to the market and enables both companies to focus their resources o

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Did You Know?

There is a time limit on patent protection.

For applications filed on or after June 8, 1995, utility and plant patents are granted for a term which begins with the date of the grant and usually ends 20 years from the date you first applied for the patent subject to the payment of appropriate maintenance fees. Design patents last 14 years from the date you are granted the patent. Note: Patents in force on June 8 and patents issued thereafter on applications filed prior to June 8, 1995 automatically have a term that is the greater of the twenty year term discussed above or seventeen years from the patent grant.

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Infringe

Definition:
To make, use or sell the patented item or process within the country covered by the patent, without permission or license from the patentee.

Patent

Definition:
A patent is a document that defines the right by law for inventors and assignees to make use of and exploit their inventions for a limited period of time.

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