Teladoc Is Suing Amwell for Patent Infringement
Two prominent companies in the burgeoning telehealth segment are at odds and will likely face each other in court. Teladoc (NYSE: TDOC) is suing American Well (NYSE: AMWL) for patent infringement over a digital scope and stethoscope the latter sells.
Earlier this week it came to light that Teladoc formally accused American Well (also known as Amwell) in a letter sent by its lawyers to Amwell management in mid-September. Teladoc believes that patents it obtained when it acquired healthcare tech specialist InTouch Technologies were infringed upon by two Amwell products, the Horus HD Digital Scope System and the Thinklabs One Digital Stethoscope.
Image source: Getty Images.
Source Fool.com