Medinol Ltd

Boston Scientific Corp., the world's largest maker of stents, agreed to pay $750 million to Medinol Ltd. to settle claims that Boston Scientific broke a contract to jointly manufacture stents when it set up a secret factory in Ireland. Wednesday's settlement resolves three lawsuits and establishes a framework for resolving future disputes, Natick, Mass.-based Boston Scientific said. In the dispute over the Ireland factory, Medinol, a Jerusalem-based medical device maker, sought as much as $4.

Boston Scientific Corp., the world's largest maker of stents, agreed to pay $750 million to Medinol Ltd. to settle claims that Boston Scientific broke a contract to jointly manufacture stents when it set up a secret factory in Ireland. Wednesday's settlement resolves three lawsuits and establishes a framework for resolving future disputes, Natick, Mass.-based Boston Scientific said. In the dispute over the Ireland factory, Medinol, a Jerusalem-based medical device maker, sought as much as $4.