EX-99.1 2 exh99-1_13637.htm PRESS RELEASE DATED JUNE 21, 2005 WWW.EXFILE.COM, INC. -- 13637 -- BOSTON SCIENTIFIC CORP. -- EXHIBIT 99.1 TO FORM 8-K

Exhibit 99.1

 
NEWS   Boston 
FOR IMMEDIATE RELEASE   Scientific 
   
  Boston Scientific Corporation  
  One Boston Scientific Place  
  Natick, MA 01780-1537  
   
  508-650-8000  
   
  www.bostonscientific.com  

 

BOSTON SCIENTIFIC ANNOUNCES JURY VERDICT IN
PATENT LITIGATION WITH JOHNSON & JOHNSON

Natick, MA (June 21, 2005) -- Boston Scientific Corporation (NYSE: BSX) announced today that a jury in a patent infringement case in U.S. District Court in Delaware brought by Johnson & Johnson (NYSE: JNJ) against Boston Scientific has returned a verdict. The jury found that Boston Scientific’s TAXUS® Express™, Express™, Express™ Biliary, and Liberté™ stents infringe a J&J patent and that the Liberté stent infringes a second J&J patent. Boston Scientific had challenged the validity of one of the patents, and the jury upheld the patent’s validity.

The jury only determined liability; monetary damages will be determined in a later trial. J&J is not seeking injunctive relief against the TAXUS Express, Express, or Express Biliary products. The Company stated that it is disappointed in the jury’s decision, and that there are likely to be significant post-verdict motions and hearings, as well as an appeal of the decision.

Boston Scientific is a worldwide developer, manufacturer, and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.

This press release contains forward-looking statements. The Company wishes to caution the reader of this press release that actual results may differ from those discussed in the forward-looking statements and may be adversely affected by, among other things, risks associated with litigation and other factors described in the Company’s filings with the Securities and Exchange Commission.


CONTACT: 
Milan Kofol 
  508-650-8569  
  Investor Relations 
  Boston Scientific Corporation 
   
  Paul Donovan 
  508-650-8541 
  Media Relations 
  Boston Scientific Corporation