ArthroCare To Settle Patent Suit For $2.75M
ArthroCare Corp. reached the settlement with MarcTec LLC on Tuesday, ArthroCare said. In addition to the $2.75 million payment, ArthroCare will pay MarcTec future royalties related to patent licensing deals.
“The client’s happy with the settlement,” said Ralph Gabric, an attorney for MarcTec.
ArthroCare said that while it was confident of its position in the case,...
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