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3M/Ivera Medical & Catheter Connections Settle Patent Infringement Litigation

ST. PAUL, Minn. and SALT LAKE CITY – June 15, 2015 – 3M and Catheter Connections, Inc. announced today that they have settled the patent infringement litigation in the United States District Courts of California and Utah and at the United States Patent and Trademark Office between 3M’s newly acquired Ivera Medical Corp. and Catheter Connections Inc. The settlement relates to disinfecting port protector intellectual property, including Catheter Connections’ DualCap System™ products and 3M™ Curos™ products and resolves all disputes between the two parties. The specific terms of the settlement are confidential.

In a joint statement the two companies commented, “This agreement between 3M and Catheter Connections ends the legal disputes between our two companies and enables each company to direct its full energies toward further innovation and development in the market for products that disinfect and protect devices used for accessing the patient’s bloodstream.”

About 3M

At 3M, we apply science in collaborative ways to improve lives daily. With $32 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNewsroom. 3M is a trademark of 3M Company.

About Catheter Connections®

Headquartered in Salt Lake City, Utah, Catheter Connections, Inc., develops and commercializes innovative vascular access products designed to protect patients from acquiring infections during intravenous infusion therapy. For more information, visit www.catheterconnections.com.

Media Contacts:

 

3M

Lori Anderson

(651) 733-0831

 

Catheter Connections, Inc.

Jed Weiner

White Oak Communications

jed.weiner@whiteoakcomm.net

(847) 910-1330