AngioDynamics accuses laser supplier of failing to defend Queensbury firm on appeal
ALBANY -- AngioDynamics Inc. is suing the supplier of laser technology used in some of its medical instruments, saying the company failed to defend the Queensbury manufacturer against patent-infringement suits brought by competitors challenging that technology.
Biolitec Inc. supplied the biolasers and laser fibers used in some of the products AngioDynamics marketed to treat varicose veins. In its supplier agreement, Longmeadow, Mass.-based Biolitec agreed to indemnify AngioDynamics and defend it against any patent claim, according to the suit filed Wednesday in U.S. District Court in Albany.
Biolitec did defend AngioDynamics in a lawsuit brought in 2004 by Diomed Holdings Inc. of Andover, Mass., but declined to continue that defense in an appeal after a judge ruled in Diomed's favor and awarded $8.36 million in damages, according to the filings. Biolitec also said it wouldn't cover that cost.
Biolitec also declined to defend AngioDynamics in a second patent infringement suit brought in 2005 by VNUS Technologies Inc. of San Jose, Calif., that is ongoing.
full article >> http://timesunion.com/AspStories/story.asp?storyID=652337&category=BUSINESS&newsdate=1/4/2008
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