Royalty Report: Medical, Device, Diagnostic – Collection: 1666

License Grant

The Company acquired rights to the Sensor technology for the manufacture and sale of a proposed implantable closed loop system.

Field of Use

Sensors include all devices for the noninvasive detection of analytes in mammals or in other biological materials.

License Grant

Licensee, the company subsidiary, entered into an agreement that permits licensee to use Sensor technology (Noninvasive Glucose Sensor) for the manufacture and sale by licensee of a proposed implantable closed loop system.

License Property

The Sensor will enable users to measure blood glucose levels without taking blood samples.  The Sensor is subject to clinical testing and regulatory approvals by the FDA.

License Grant

If, and only if, Licensor exercises its option for a license under the CIC Patents pursuant to this agreement, Licensor shall grant (and will cause its Affiliates to grant) to Licensee and its Affiliates the right and option until the expiration of thirty (30) months from the Effective Date or ninety (90) days from the date Licensor exercises its option, whichever is later in time, to obtain a non-exclusive, worldwide, non-transferable, royalty-bearing license under the Savacor Patents.

License Property

Savacor Patents shall mean those patents and patent applications, and all patents and patent applications claiming priority therefrom, that Licensor or its Affiliates acquired from Savacor, Ind. as set forth.  The Savacor Patents shall include the sublicensable patents and patent applications of Cedars Sinai Medical Center listed.

6,970,742 – Method for detecting, diagnosing, and treating cardiovascular disease
6,328,699 – Permanently implantable system and method for detecting, diagnosing and treating congestive heart failure

Field of Use

“CRM Products” means devices for monitoring or electrically stimulating or shocking the heart which are suitable for chronic implantation, in whole or in part, by or with human patients. The term “CRM Products” includes, without limitation cardiac pacemakers, antitachycardia pacemakers, cardiac resynchronization therapy systems, cardioverters, and defibrillators, including combinations thereof; loop recording systems, implantable cardiac monitoring systems, implantable hemodynamic monitoring systems, pulse generators and other waveform generators for such devices; cardiac lead implant catheters and associated tools; leads, electrodes, sensors, capacitors, batteries, power sources, and all other components for such devices; mechanisms for coupling such generators in a stimulating, shocking, sensing, or monitoring relationship to the heart; and data dispensing, processing, and gathering systems for such devices, including programmers, pacing system analyzers, defibrillation system analyzers, testers, encoders, decoders, transtelephonic and other remote monitoring systems and services for use with implantable devices, transmitters, receivers, and computer software-controlled systems, and including the software. The term “CRM Products” excludes, by way of example and not limitation, nerve stimulators (unless used for cardiac therapy), bone growth stimulators, drug release pumps, cardiac pumps, artificial hearts, prosthetic heart valves, catheter ablation devices, imaging systems, catheter location systems, apparatus for revascularization or correction of other physical defects in heart tissue, arrhythmia mapping devices (except as part of an implantable cardiac therapy or monitoring device), angioplasty devices and EKG monitors (other than cardiac stimulation device programmers or other telemetry devices for use with implantable pulse generators or cardiac monitors) which are standalone, non-ambulatory and not intended for transtelephonic or other remote monitoring.

License Grant

The Licensor grants to LABS an exclusive perpetual, worldwide license to (i) use the Masimo Technology to develop Licensed Applications alone or combined with Masimo Applications and to develop Licensed Devices, (ii) to make, have made, use, and sell Licensed Devices, (iii) to sublicense the Masimo Technology for the development of or for use in Licensed Applications and Licensed Devices, and (iv) to sublicense the use, manufacture and sale of Licensed Devices.  Masimo Technology incorporates circuitry and software which, among other things, acquires and detects signals generated by red and infrared LEDs, and which is designed to extract arterial oxygen saturation and pulse rate values from such signals.

License Property

Masimo Applications means use of Masimo Set for Vital Signs Monitoring.  SpO(Sub 2), Measurement means noninvasive measurement of arterial oxygen saturation (accounting for at least Hb and HbO(Sub 2), and possibly accounting for HbCO and/or HbMeth), plethysmographic waveforms, and/or pulse rate from neonate, pediatric and adult subjects (excludes fetal measurement and venous oxygen saturation).  SpO(Sub 2) Sensor means reusable and disposable standard adult, pediatric and neonatal Sensors for use with making SpO(Sub 2) Measurements.  Standard SpO(Sub 2) Sensors currently manufactured by Masimo have the following model number.

Licensed Trademarks means the Masimo Set product designation and word mark(s).