Jury Orders Arthrex To Pay $14M For Infringement

Law360, New York (June 12, 2008, 12:00 AM ET) -- A federal jury has ordered Arthrex Inc. to pay rival medical-device maker Smith & Nephew Inc. $14.7 million for infringing Smith & Nephew's patent on a line of widely used suture anchors, the patent holder announced Wednesday.

A jury in the U.S. District Court for the District of Oregon determined that Arthrex had deliberately infringed U.S. Patent Number 5,601,557, titled “Anchoring and manipulating tissue.” Dr. John O Hayhurst owns the patent and has exclusively licensed it to Smith & Nephew.

"We are extremely pleased with the...
To view the full article, register now.