Vascular Solutions wins $4.5 million lawsuit
Shares of Vascular Solutions Inc. (Nasdaq:VASC) are rising on news before the opening that the maker of medical devices has won a $4.5 million lawsuit against biomaterial technologies firm Marine Polymer Technologies, Inc. The court ruled that Marine Polymer has made false and disparaging statements regarding a product belonging to Vascular Solutions and rewarded the Minneapolis-based company monetary compensation.
At 12:12 p.m. ET, the stock had added $0.72, or 11%, to $7.02. For detailed price information and recent news stories about Vascular Solutions, click VASC.
