Biomet Accused Of Breaking Patent Deal

Law360, New York (May 6, 2013, 5:48 PM ET) -- Private equity-owned medical device maker Biomet Inc. was hit with a suit in Texas federal court Friday, accusing it of failing to pay royalties due under a licensing agreement and misusing confidential information to infringe on several patents for devices used in bone and joint repair surgery.

According to Bonutti Skeletal Innovations LLC — a company formed to hold about 150 patents invented or coinvented by orthopedic surgeon Peter M. Bonutti — Biomet and its unit Biomet Sports Medicine LLC have failed to pay all royalties...
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