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BUSINESS
March 17, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
A medical supply manufacturer in Colorado has filed a lawsuit against Birtcher Medical Systems Inc. claiming the Irvine-based company copied its design ideas for a state-of-the-art device used to clot blood during surgery. The patent infringement suit filed by Valleylab Inc. of Boulder, Colo., claims that Valleylab holds the rightful patent to Birtcher's Argon Beam Coagulator, which emits a stream of ionized argon gas to stop bleeding while surgeons operate. William E.
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BUSINESS
March 17, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
A medical supply manufacturer in Colorado has filed a lawsuit against Birtcher Medical Systems Inc. claiming the Irvine-based company copied its design ideas for a state-of-the-art device used to clot blood during surgery. The patent infringement suit filed by Valleylab Inc. of Boulder, Colo., claims that Valleylab holds the rightful patent to Birtcher's Argon Beam Coagulator, which emits a stream of ionized argon gas to stop bleeding while surgeons operate. William E.
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BUSINESS
April 30, 1992
Birtcher Medical Systems Inc. won an early victory Tuesday in defending its patent for a blood-clotting laser device when a federal judge in Santa Ana agreed to move a lawsuit against it to Colorado. The patent infringement suit against the Irvine medical supplies company was filed in March by Valleylab Inc. of Boulder, Colo., which claimed that it held the rightful patent to Birtcher's argon beam coagulator.
BUSINESS
February 17, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
Birtcher Medical Systems Inc. plans to purchase a Colorado competitor in the hopes of capturing a market that has been the focus of a court battle for more than a year. Beacon Laboratories Inc., which lost a lawsuit to Birtcher last year regarding competing blood-clotting surgical devices, would be acquired in a stock swap of about 475,000 shares of Birtcher convertible preferred stock. The value of the stock, as of Tuesday, was $2.6 million.
NEWS
February 18, 1992 | SONNI EFRON, TIMES STAFF WRITER
The phone call jolted Janet Bainbridge from her sleep. Had she heard that her former business partner, investment adviser Steven David Wymer, was accused of making $113 million of taxpayer money disappear without a trace? "My first thought was: I bet he was playing the futures market uncovered, and lost it there," said Bainbridge. But Bainbridge's shock was tempered by a sickening sense of deja vu.
NEWS
December 14, 1991 | SONNI EFRON and DOUGLAS FRANTZ, TIMES STAFF WRITERS
More than $75 million may be missing from two companies controlled by Irvine financial adviser Steven D. Wymer, whose clients included some California cities and banks, thrifts and government agencies from 12 other states, officials said Friday. Securities and Exchange Commission officials said that up to $200 million of the $1.2 billion Wymer managed was under his direct control and could be in jeopardy. A federal judge froze the assets of Institutional Treasury Management and Denman & Co.
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