B&L patent settlement

Settlement agreement between Bausch & Lomb and Alcon Labs establishes a cross-licensing relationship that allows Alcon to continue selling its ICAP AREDS ocular vitamins worldwide and gives B&L global rights under one or more Alcon patents. B&L filed an infringement suit against the ICAPS manufacturer shortly after receiving a patent for its Ocuvite PreserVision line of antioxidant and mineral eye vitamins in December 2003. The formula was developed by B&L and the National Eye Institute for use in NEI's Age-Related Eye Disease Study (AREDS) and remains the only vitamin demonstrated effective in preserving eye health and vision (1"The Tan Sheet" Oct. 15, 2001, p. 3)...