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Fogarty and Three Arch Split Over IP Royalty Dispute

 
• By Stephen Levin

Embroiled in a dispute over intellectual property royalties, physician/inventor/entrepreneur Thomas Fogarty, MD, and Three Arch Partners, the venture firm he co-founded in 1993, have parted company.

Embroiled in a dispute over intellectual property (IP) royalties, physician/inventor/entrepreneur Thomas Fogarty, MD, and Three Arch Partners, the venture firm he co-founded in 1993, have parted company. The source of the dispute is alleged to be royalties that Fogarty claims are due his development company, Fogarty Engineering Inc. , from IP they developed related to the AutoPulse automated resuscitation device made by Revivant Corp. (now part of Zoll Medical Corp. [See Deal]), a Three Arch portfolio company.

Tom Fogarty is the archetypal physician/entrepreneur, and has been a driving force behind medical device innovation for nearly 40 years. Some of Three Arch's most successful start-up companies were based...

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