Tandem Diabetes and Roche Reach a Patent Settlement

Tandem Diabetes Care, Inc. agreed (NASDAQ: TNDM) to pay $ 36 million from Roche to solve a patent violation suit on the tade tadanm’s t: slim x2.

Hospital room with a patient using an insulin management medical device.

Settlement of the deal all suspended and future litigation about a European patent presented by Roche in December 2023, EP 2 196 231 B1 and EP 1 970 677 B1. Over the next four years, Tandem Diates Care will pay, Inc. (NASDAQ: TNDM) The remaining $ 28 million in four equal annual installments after an initial payment of $ 8 million.

Both companies have signed an intertwined license agreement as part of the settlement, which will be valid for ten years and give each other unaccodeible, indivisible, non -carrier of phones, and to leave for patents of insulin delivery systems.

This procedure ends all continuous legal procedures under the unified patent court in France and Germany, including violations, cancellation, and non -expression advertisements.

Tandem Diabetes Care, Inc. will remain. (NASDAQ: TNDM) “ST: Slim X2 Pump is commercially available due to the agreement, which also reduces the legal risks in the future.

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