Le Lézard
Classified in: Health
Subject: PER

Magnolia Medical Appoints Matthew Lehr as Intellectual Property Special Counsel


SEATTLE, Feb. 14, 2019 /PRNewswire/ -- Magnolia Medical Technologies today announced that Matthew B. Lehr has been named Intellectual Property Special Counsel and will advise the company on intellectual property (IP) strategy and enforcement matters.

Steripath Initial Specimen Diversion Device Gen 2

"Intellectual property is a critical asset for any innovative medical device company that invests heavily to develop new technologies that drive important paradigm shifts in medicine," said Greg Bullington, CEO of Magnolia Medical. "In our case, we have invested well over a decade along with significant resources to create the category known as initial specimen diversion to significantly improve sepsis testing accuracy. We will benefit from Matt's expertise and active participation as we continue to drive hospital adoption of our Steripath® platform to prevent blood culture contamination."

Lehr brings over 30 years' experience in patent and technology law involving areas such as medical devices, biotechnology, and pharmaceuticals. Most recently he headed the intellectual property litigation department of the international law firm Davis Polk & Wardwell LLP, focusing primarily on complex patent litigation. In a notable medical device patent infringement case led by Lehr, VNUS Medical was awarded $46.5 million in damages.

"I am pleased to work with Magnolia as they commercialize and protect their groundbreaking technologies, which directly improve the quality of care for patients," said Lehr. "The company has built an extensive and broad intellectual property foundation that will allow them to maintain appropriate protection in numerous medical device categories in the years to come."

Inventors of both the technique and technology for initial specimen diversion for blood culture collection and contamination prevention, Magnolia Medical has amassed more than 60 issued method, apparatus and design patents including over 600 claims. The company will continue to build upon, and protect, its extensive intellectual property portfolio and the markets it has created.

About Magnolia Medical
Magnolia Medical is a medical device company that develops, manufactures and markets innovative blood and bodily fluid collection devices to facilitate significant improvements in the accuracy, consistency and predictability of critical in vitro diagnostic (IVD) laboratory tests. Magnolia Medical invented and patented the initial specimen diversion technique (ISDTtm) and device (ISDD®) for blood culture collection and contamination prevention. The Steripath ISDD has been shown in peer-reviewed published clinical trials to reduce blood culture contamination ? which in turn helps healthcare providers decrease false positive diagnostic results for sepsis and the resulting unnecessary and inappropriate antibiotic use. This reduces the risk of Clostridium difficile infections, multi-drug-resistant organisms and other antibiotic-related complications, hospital length of stay, associated healthcare-acquired infections, and hospital-wide costs. The company has amassed an IP portfolio protecting its technology and products, including more than 60 issued method, apparatus and design patents with over 50 additional patent applications pending. For more information, visit www.magnolia-medical.com.

Contact: Liz Dowling, (415) 388-2794
Dowling & Dennis Public Relations 
E-mail: [email protected]

 

SOURCE Magnolia Medical Technologies


These press releases may also interest you

at 06:08
The Annual General Meeting of Bioretec Ltd was held on 26 April 2024 in Tampere, Finland. The Annual General Meeting approved the financial statements for the financial year 1 January?31 December 2023 and resolved to discharge the members of the...

at 06:00
IDEAYA Biosciences, Inc. , a precision medicine oncology company committed to the discovery and development of targeted therapeutics, today announced that, on April 25, 2024, the Compensation Committee of IDEAYA's Board of Directors granted...

at 06:00
-- Diluted EPS of $2.16; Adjusted Diluted EPS of $2.26 ---- Increases 2024 Full Year Guidance -- 2024 adjusted diluted EPS of $2.26, up over 7% from $2.11 in the first quarter of 2023.Increases 2024 full year adjusted diluted EPS guidance by $0.10 to...

at 06:00
Avantor, Inc. , a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, today reported financial results for its first...

at 05:12
Swedish Orphan Biovitrum AB (publ) (Sobi®) has established a medium term note programme with a framework amount of SEK 10 billion or the equivalent thereof in EUR (the "MTN Programme"). For this purpose, Sobi has prepared a base prospectus, which...

at 04:00
OMRON Healthcare Co., Ltd. based in Muko, Kyoto Prefecture, Japan, announces to be the official sponsor of May Measurement Month (MMM,) a global campaign to raise awareness of blood pressure screening and promote hypertension prevention, detection,...



News published on and distributed by: