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Displaying items by tag: orthopedic device
Zimmer Holdings was told to pay $70 million to Stryker for patent infringements, according to Bloomberg Businessweek.
Marquette, Mich.-based Pioneer Surgical Technology will open a new facility in Konstanz, Germany and has created Pioneer Surgical Technology Deutzchland to bolster its growing presence in the German Market, according to Second Wave.
Johnson & Johnson's acquisition of Sythnes contributed to 5.6 percent to worldwide operational sales growth, net of the divestiture of the DePuy trauma business necessary for the acquisition.
Stryker reported 5.5 percent net sales growth during the fourth quarter of 2012 to $2.3 billion and 4.2 percent full year net sales growth to $8.7 billion.
Medical device manufacturer Smith & Nephew could help cut healthcare costs with its new device to promote wound healing, according to the Tampa Bay Business Journal.
Representatives from Invibio attended the Asia Technology Alliance Biomedical Materials Congress last week in Shanghai, China.
Device manufacturer Stryker has asked Portage, Mich., for a tax reduction on its $5.6 million research and development plant expansion, according to Michigan Live.
Medical device manufacturer Synthes USA has filed a civil action claim against a former employee, saying the man violated his contract, according to The Pennsylvania Record.
Medical device manufacturer Zimmer plans to close its Austin, Texas, facility by the end of July in an effort to streamline business, according to Mass Device.
Stryker has increased the low-end estimate for its hip implant recall, now saying it will cost between $190 million and $390 million for the testing, lawsuits and insurance payments, according to Claims Journal.
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