Medtronic Vows To Appeal $226.3M Verdict

Law360, New York (September 27, 2007, 12:00 AM EDT) -- Medtronic Inc. on Thursday vowed to appeal a jury verdict ordering the medical device maker to shell out $226.3 million for infringing on a Johnson & Johnson subsidiary's patent for spinal screws.

“We are disappointed in the jury's verdict,” Pete Wehrly, president of Medtronic's spine and biologics business unit, said shortly after it was announced on Thursday. “We appreciate the time and effort that the jury put into this case but we respectfully disagree and we will appeal. We respect the intellectual property rights of others...
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