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LAWSUITS NEWS & LEGAL INFORMATION

IntraLase Corp.

Los Angeles, CA: (Feb-28-07) A lawsuit between medical giants Escalon Medical Corp. and IntraLase Corp. was resolved after IntraLase Corp. agreed to pay Escalon Medical Corp. $9.6 million, settling all outstanding disputes and litigation between them. The settlement, which includes termination of any future royalty payments to Escalon, will also materially affect subsequent periods. [REUTERS: INTRALASE DISPUTE]


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Published on Mar-7-07

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