Intellectual Property Today Reports on Buchanan's Involvement in Client Cosmed Group, Inc.'s Favorable Settlement of Patent Dispute
Buchanan's involvement in the settlement was reported on by Intellectual Property Today on June 17. Additionally, more than 195 media outlets picked up Cosmed's press release, which noted the firm for its representation in the matter.
As reported by numerous news outlets, "David Howe, Cosmed's Chief Operating Officer commented, 'Cosmed is pleased to have its patent rights acknowledged, and to put this dispute behind us so that we can concentrate on what we do best, working with our customers to provide them with innovative and reliable solutions to meet their needs. We recognize the value of our intellectual property in this growing field, and we will continue to demand the same from others.'"
Buchanan filed a patent infringement lawsuit on behalf of Cosmed in U.S. District Court, Eastern District of California in June 2009. The case was later consolidated and moved to U.S. District Court, Northern District of Iowa. In exchange for settling Cosmed's infringement claims, Napasol has agreed to license Cosmed's patent rights.
The technology covered by the Cosmed patent is used both inside and outside the United States. There is a growing interest in the technology as consumers and regulators seek a more natural process to insure the safety of food and other articles.
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