ZYLON CORP. v. MEDTRONIC, INC.

404, 650523/08.

137 A.D.3d 462 (2016)

26 N.Y.S.3d 279

2016 NY Slip Op 01575

ZYLON CORP. et al., Respondents, v. MEDTRONIC, INC., et al., Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided March 3, 2016.


In 2005, the parties entered into an evaluation agreement, pursuant to which defendant Medtronic Vascular, Inc. (together with the other defendants, Medtronic) agreed to fund plaintiff Zylon Corp. to render services in attempting to create a "zero-fold" balloon, a component of a balloon angioplasty catheter, meeting Medtronic's specifications. "Information generated pursuant to the Project" was to be deemed "Confidential Information" owned by Medtronic.

Zylon and...

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