Masimo
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Masimo Wins $634M Verdict Against Apple in Patent Infringement Case
Masimo (MASI) won a U.S. District Court case against Apple, with a jury confirming the validity of Masimo’s Patent No. 10,433,776 and finding Apple infringed upon it. Masimo was awarded $634 million in damages. The patent covers light-based pulse oximetry technology. Masimo expressed satisfaction, emphasizing the importance of protecting their intellectual property. Analysts suggest this verdict could set a precedent for licensing agreements in the wearable health technology sector.