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PicksThatMove: Edwards Lifesciences Corporation (NYSE: EW) We have picks that move!

Fri. June 12, 2009; Posted: 01:03 PM
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Jun 12, 2009 (M2 PRESSWIRE via COMTEX) -- EW | Quote | Chart | News | PowerRating -- Hi and welcome to PicksThatMove.com where all you have to do is let us know what email address you want to receive our newsletter and then just watch the trade ideas we send you each week and track the incredible gains our current members are racking up.

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Today's news alerts include: Edwards Lifesciences Prevails on Validity and Infringement in UK Patent Case Against Cook

IRVINE, CA, Jun 12, 2009 -- Edwards Lifesciences Corporation (NYSE: EW), the world leader in the science of heart valves, announced today that the United Kingdom High Court of Justice has determined that Cook Inc.'s UK transcatheter valve patent is invalid and not infringed by the Edwards SAPIEN transcatheter valve.

"We are gratified that the UK court has found Cook's patent invalid and has agreed with a German court decision that Edwards does not infringe the Cook patent," said Larry L. Wood, Edwards' corporate vice president, transcatheter valve replacement. "We remain committed to protecting our comprehensive intellectual property in transcatheter heart valves, which represents one important element of our broader leadership strategy."

As previously announced, the District Court of Duesseldorf, Germany, determined in March 2009 that Edwards does not infringe Cook's German patent. Edwards has a separate lawsuit claiming invalidity of Cook's German transcatheter valve patent, which is expected to be heard in Munich in 2010.

About Edwards Lifesciences

Edwards Lifesciences is the global leader in the science of heart valves and hemodynamic monitoring, with more than five decades of experience in partnering with clinicians to develop life-saving innovations. Headquartered in Irvine, Calif., Edwards treats advanced cardiovascular disease with its market-leading heart valve therapies, and critical care and vascular technologies, which are sold in approximately 100 countries. The company's global brands include Carpentier-Edwards, Cosgrove-Edwards, Edwards SAPIEN, FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz. Additional company information can be found at http://www.edwards.com.

Edwards is a trademark of Edwards Lifesciences Corporation; Edwards Lifesciences, the stylized E logo, Carpentier-Edwards, Cosgrove-Edwards, Edwards SAPIEN, FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz are trademarks of Edwards Lifesciences Corporation and are registered in the United States Patent and Trademark Office.

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www.picksthatmove.com team of excellence strives to find undervalued, good momentum stock plays. We provide financial and investor relations services for small to mid-cap stocks with weekly and special newsletters to keep you informed of the latest movers. Unlike other sites, we explore, research, and understand all aspects of a company. We only recommend companies we feel has the potential for future higher valuations. Our seasoned research team is always looking for the next Xtreme Pick to send to you.

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For full details on Edwards Life Sciences (EW) click here. Edwards Life Sciences (EW) has Short Term PowerRatings of 4. Details on Edwards Life Sciences (EW) Short Term PowerRatings is available at This Link.

    


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