Church & Dwight settles patent suits Abbott Labs and Surmodics

PRINCETON, N.J. Church & Dwight entered into a settlement agreement with respect to all outstanding patent litigation between the parties relating to pregnancy diagnostic test kits with Abbott Labs and Surmodics on Sept. 17, the company, marketer of First Response pregnancy test kits, announced in an SEC filing Thursday.

The agreement provides that Abbott will pay $27 million to Church & Dwight within 30 days. Church & Dwight, Abbott and Surmodics also exchanged mutual releases with regard to all claims for past damages relating to patents asserted in the litigations, and both Abbott and Surmodics agreed not to sue Church & Dwight on any intellectual property relating to continued manufacture and sale of the products that were the subject of an infringement action by Abbott and Surmodics.