R.J. Reynolds Vapor Co Faces Over $95 Million In Infringement Payments
Altria Group Inc is seeking $95 million in damages from rival company R.J. Reynolds Vapor Co, which is 5% of sales of the vuse line of products. They allege that R.J. Reynolds Vapor Co infringed Altria's patents related to e-cigarette devices that store and heat pods of liquid nicotine.
According to Altria's press release, R.J. Reynolds Vapor Co. will not only have to pay $95 million in damages that have already passed, but after this trial proceeding, R.J.R will have to pay even more until the patent expires in 2035.
A copy of the judgment was not immediately available. The principals of the two companies have very different approaches to the incident.
A spokesman for Winston-Salem, N.C.-based RJR said the company is disappointed with the verdict and will attempt an aggressive appeal in the future.
Murray Garnick, the company's executive vice president and general counsel, said the company is "pleased that the jury recognized the importance of Altria's innovation and the value of its patent rights.
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