Sight Sciences wins $55.4M patent judgment, 10% ongoing royalty on Hydrus sales
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Sight Sciences has secured a final judgment of $55.4 million and a 10% ongoing royalty from Alcon for willful patent infringement. The judgment confirms the validity of three patents and includes $34 million in past damages, $14.7 million in supplemental damages, and $6.8 million in interest. The ongoing royalty applies to Hydrus sales until the last patent expires. However, the award is subject to appeal by Alcon, and no funds will be received until the appeal process is complete.
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