Medtronic files ITC action against Axonics

Medtronic (MDT) filed a complaint with the U.S. International Trade Commission, or ITC, along with a parallel action in U.S. District Court for the District of Delaware, to block Axonics (AXNX) from improperly importing and selling products that infringe two Medtronic patents related to the MRI compatibility of implantable medical devices. Medtronic is asking the ITC to investigate and exclude the importation of the infringing Axonics products into the U.S. Medtronic currently has a separate infringement suit pending in the U.S. District Court for the Central District of California in which it asserts that Axonics has infringed additional technologies developed by and belonging to Medtronic.