Alcon to pay Johnson & Johnson $199M to settle
[ad_1] (Reuters) — Alcon Vision LLC will pay Johnson & Johnson’s J&J Surgical Vision Inc. $199 million to settle legal battles over intellectual property related to the companies’ laser eye-surgery devices, Alcon said in a press release on Sunday. Alcon said the one-time payment would resolve “various worldwide intellectual property disputes” and that the companies had reached a cross-licensing agreement. Representatives for Johnson & Johnson did not immediately respond to a request for comment Monday on … Read more