Boston Scientific to pay J&J $600 million to settle Guidant suit

February 18, 2015 2:41 PM

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Boston  Scientific to pay  J&J $600 million to settle Guidant suit

Boston Scientific Corp. agreed to pay Johnson & Johnson $600 million to settle a long-running lawsuit related to the 2006 acquisition of heart-device maker Guidant Corp. for $27 billion.

With the settlement announced Tuesday, J&J agreed to dismiss its lawsuit without any acknowledgment of liability by Guidant. Boston Scientific also agreed not to bring patent infringement or other claims related to certain J&J stent products.

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