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ResMed Secures Significant Victory in Patent Fight Against New York University

Key Takeaway: ResMed has achieved a significant legal victory in a patent infringement case against New York University. The United States Patent Trial and Appeals Board (PTAB) invalidated all claims from seven patents that NYU had asserted against ResMed's products, particularly the AutoSet and AutoRamp features of the AirSense 10 AutoSet flow generators. This ruling is a confirmation of ResMed's strategy to protect its intellectual property and underscores its long-term investment in research and development. Following the decision, ResMed's executives expressed their commitment to continue defending their innovations for the benefit of their patients.
Price reaction · baseline $162.87 (2023-12-08 close) · clean, no other RMD news in the window
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POSITIVE FACTORS

  • ResMed's victory invalidates seven patents asserted by NYU.
  • The PTAB ruling reinforces ResMed’s commitment to innovation.
  • CEO Mick Farrell emphasizes the importance of protecting innovations for patient care.

Full Press Release Details

SAN DIEGO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) announced that it has secured a significant victory after the United States Patent Trial and Appeals Board (PTAB) invalidated the claims New York University (NYU) asserted against ResMed, based on seven NYU patents.
In June 2021, NYU filed a complaint for patent infringement against ResMed in the United States District Court, District of Delaware. NYU’s complaint alleged that the AutoSetTM and AutoRampTM features of ResMed’s AirSenseTM 10 AutoSet flow generators, infringed one or more claims of seven NYU patents.
ResMed filed petitions with the PTAB asserting that all the claims asserted against ResMed were invalid. In rulings issued from December 4 to December 7, 2023, the PTAB judges, agreeing with ResMed’s arguments, found that all the challenged claims across the seven patents were invalid.
“At ResMed, we’re committed to providing patients with our leading therapy solutions. Our sustained investment in research and development for over 30 years has culminated in more than 9,500 issued or pending patents and designs,” said Mick Farrell, ResMed’s CEO. “We applaud the PTAB’s ruling and will defend our innovations, ensuring patients continue to receive our therapy solutions, empowering them to live healthier, higher-quality lives.”
“We will continue to vigorously defend our innovations,” said Michael Rider, ResMed’s Global General Counsel and Secretary. “The fact that our intellectual property contributed to this victory is a testament to our investment in research and development, the hard work of our inventors, and the patent protection we pursue to protect our innovation.”
At ResMed (NYSE: RMD, ASX: RMD), we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.
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Frequently Asked Questions

What recent victory did ResMed achieve?

ResMed won a case as the PTAB invalidated NYU's patent claims against it.

When did NYU file a patent infringement complaint against ResMed?

NYU filed the complaint in June 2021 in the Delaware District Court.

How many patents were involved in ResMed's case against NYU?

The case involved seven patents asserted by NYU against ResMed.

What features of ResMed were at the center of the patent dispute?

The AutoSetTM and AutoRampTM features of the AirSenseTM 10 were disputed.

Who is the CEO of ResMed and what did he say about the ruling?

Mick Farrell, ResMed's CEO, praised the ruling and affirmed their commitment to innovation.

Last updated: Dec 11, 2023