 Glaukos Corp NYSE:GKOS has settled a patent infringement lawsuit with Ivantis Inc. The lawsuit was initiated by Glaukos in 2018 in the U.S. District Court for the Central District of California, Southern Division, concerning Ivantis Hydrus Microstent. Under the agreement, Ivantis will pay Glaukos 60 million, 30 million of which will be paid by December 31, and the other 30 million to be paid by December 31, 2022. 