ResMed settles with university
SAN DIEGO – ResMed agreed to pay the University of Sydney $AU25 million to settle a lengthy legal dispute regarding patent infringement, according to news reports. The university, where researcher Colin Sullivan invented a nasal mask to treat sleep apnea, had accused ResMed, its former commercial partner, of infringing its patent and failing to pay royalties. As part of the settlement, ResMed will fund two perpetual academic chairs: the ResMed Chair of Sleep Medicine; and the ResMed Chair of Biomedical Engineering. The company will also provide research funding in related areas, the release noted.