Brief: Pixium Vision Welcomes Judgment By Paris Commercial Court Against Second Sight Medical Products

Pixium Vision SA

28/12/2022 06:04

Dec 28 (Reuters) - Pixium Vision SA  ALPIX.PA :
    * COURT ORDERS SECOND SIGHT MEDICAL PRODUCTS TO PAY PIXIUM
VISION
AN ADDITIONAL EUR 1.58 MILLION IN COSTS AND DAMAGES
    * COURT FINDS SECOND SIGHT MEDICAL PRODUCTS BREACHED 2021
CONTRACTUAL OBLIGATIONS TO PIXIUM VISION
    * PARIS COMMERCIAL COURT ALSO DECIDED THAT THIS TOTAL AMOUNT
OF
EUR 2,530,000 IS TO BE REDUCED BY $1,000,000 THAT PIXIUM VISION
HAD ALREADY RECEIVED FROM SECOND SIGHT MEDICAL PRODUCTS IN APRIL
2021
    * PIXIUM VISION IS PLEASED WITH DECISION OF PARIS COMMERCIAL
COURT, WHICH IS SUBJECT TO APPEAL

Source text for Eikon:  ID:nGNE9zGFcb 
Further company coverage:  ALPIX.PA 
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