German patent case against Fisher & Paykel sees results

Company News

by Rachael Jones

Fisher & Paykel Healthcare Corporation (ASX:FPH) announced today that the Munich Regional Court has found the headgear for two of its masks used in the treatment of obstructive sleep apnoea (OSA) infringed a patent held by ResMed (ASX:RMD).

This ruling will not impact the sale or supply of the affected masks.

The Court ruled that ResMed patent EP’368 was infringed by the headgear for Fisher & Paykel Healthcare’s Simplus and Eson 2 masks. This decision can be appealed to the Higher Regional Court Munich.

Fisher & Paykel Healthcare had earlier appealed a decision of the European Patent Office (EPO) regarding the validity of these patent claims.

If successful, that appeal will invalidate the claims that the Munich Regional Court has found to be infringed.

Fisher & Paykel Healthcare Managing Director and CEO, Lewis Gradon says they are disappointed with the outcome but the decision will not impact the sale or supply of their current masks to customers in Germany.

Shares in Fisher & Paykel Healthcare Corporation (ASX:FPH) closed 2.01 per cent lower to $12.70 yesterday.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.