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Shockwave Announces Decisions From the U.S. Patent and Trademark Office on Inter Partes Review Proceeding

ShockWave Medical, Inc. (SWAV) 
Last shockwave medical, inc. earnings: 2/13 04:03 pm Check Earnings Report
Company Research Source: GlobeNewswire
SANTA CLARA, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease, announced today that the company received the initial rulings related to two of the inter partes review (IPR) cases that were initiated by Cardiovascular Systems, Inc. (CSI). In December 2018, CSI filed petitions for IPR with the Patent Trial and Appeal Board (PTAB) of the U.S. Patent Office (USPTO) to challenge the validity of three of Shockwave’s issued patents. CSI asked the PTAB to reconsider the original decision of the USPTO to issue those patents and asked that all claims of each patent be invalidated. The PTAB ruled today that a key claim in U.S. Patent No 8,956,371 (the ‘371 patent) is valid.  This claim is generally directed to a device that creates shockwaves inside of a balloon catheter that is delivered over a guidewire.  Further, the PTAB ruled today that some Show less Read more
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