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Stock impact report

Axonics Pushes Back Against Patent Dispute Alleged by Medtronic [MarketWatch]

Axonics, Inc. (AXNX) 
Last axonics, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
International Trade Commission, along with parallel action in a Delaware court, to block Axonics from what it described as improperly importing and selling products that infringe on two of its patents related to the MRI compatibility of implantable medical devices. Advertisement Axonics responded later in the day, saying it believes the claims are designed to stifle competition, limit patient and physician choice, and protect the incumbent's market position. "Axonics refuses to be intimidated by Medtronic and intends to defend itself vigorously," Chief Executive Raymond Cohen said. Write to Denny Jacob at denny.jacob@wsj.com Show less Read more
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