A Delaware jury handed down a $16 million favorable judgment to Johnson & Johnson's DePuy-Synthes in its patent infringement suit against Globus Medical, according to a Mass Device report. A jury ruled that Globus infringed on three J&J patents for spinal implants for the ALIF system, Coalition ACDF and InterContinental Plate-Spacer. The $16 million in damages was factored based on a 15 percent royalty rate for approximately $107 million in Globus sales from the devices.
More Articles on Devices:
Medtronic Receives CE Mark, Initiates European Launch of Spinal Deformity Instrument
Dr. Brian Cohen Performs World's First Arthrex Revere Universe Shoulder Implantation
The Impact of Business Strategy and the FDA on the Future of Spine Surgery
More Articles on Devices:
Medtronic Receives CE Mark, Initiates European Launch of Spinal Deformity Instrument
Dr. Brian Cohen Performs World's First Arthrex Revere Universe Shoulder Implantation
The Impact of Business Strategy and the FDA on the Future of Spine Surgery