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Legal: AngioDynamics settles distro spat with Cardinal Health

Fri, 10/11/2013 - 12:41pm
Mass Device

New York medical device maker AngioDynamics settles a years-old distribution dispute stemming from its acquisition of Navilyst Medical.

AngioDynamics settles distro spat with Cardinal Health

AngioDynamics (NSDQ:ANGO) closed the books on a 3-year-old distribution spat with Cardinal Health, with the companies agreeing to a terminate the lawsuit late last month.

AngioDynamics agreed to a "Stipulation of Dismissal With Prejudice," putting to rest a lawsuit filed in December 2011 when Cardinal Health claimed that Navilyst Medical, which AngioDynamics acquired last year, falsely terminated an international distribution agreement.

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