October 20, 2021 – Boston Scientific Corporation announces that it reached a settlement with Micro-Tech Endoscopy resolving claims of patent infringement by Boston Scientific against Micro-Tech with regard to hemostasis clips for use in endoscopy procedures. The settlement resolves all worldwide litigation between the companies. Boston Scientific will grant a royalty-bearing license to Micro-Tech for five years on its patented hemostasis clip technology, and Micro-Tech has agreed to drop its worldwide challenges to the validity of the patents at issue in the existing litigations.