BTL Petitions USPTO To Cancel All 58 Claims Of U.S. Patent No. 8,961,511 Owned By The Company InMode Ltd.
Portfolio Pulse from Benzinga Newsdesk
BTL Industries, Inc. has filed a petition with the U.S. Patent Office to cancel all 58 claims of U.S. Patent No. 8,961,511, which is owned by InMode Ltd. BTL's CEO, David Chmel, stated they believe InMode's patent claims are invalid and have requested the initiation of invalidation proceedings.
April 11, 2024 | 1:27 pm
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InMode Ltd. faces a legal challenge from BTL Industries, Inc. regarding the validity of all 58 claims of U.S. Patent No. 8,961,511.
The petition filed by BTL Industries to cancel all claims of a patent owned by InMode Ltd. could potentially impact InMode's intellectual property rights and market position. Such legal challenges can lead to uncertainty and negatively affect investor sentiment towards InMode in the short term.
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