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Angiotech receives favorable patent decision

Pharmaceutical and medical device company Angiotech has received a favorable decision from the Intellectual Property Office of New Zealand.

Johnson & Johnson’s subsidiary, Conor Medsystems, had attempted to revoke Angiotech’s New Zealand patent 523799, which pertains to compositions comprising a polymer and paclitaxel, as well as paclitaxel-eluting stents.

William Hunter, president and CEO of Angiotech, said: “Consistent with virtually all international rulings to date, this decision further corroborates the strength of company intellectual property and ability to defend global patent portfolio.”