Medtronic To Acquire Rival, Settle Spinal Patent Suit

Law360 (July 27, 2007, 12:00 AM EDT) -- Medtronic Inc. and Kyphon Inc. will resolve their patent dispute over spinal surgical tools once Kyphon is acquired by the larger medical device maker, the companies said Friday.

According to a stipulation filed in the U.S. District Court for the Northern District of California, Kyphon has agreed to be acquired by Medtronic, a deal that will ultimately resolve all of Medtronic’s infringement claims over a series of spinal device patents. The two companies have asked the court to stay the case while the takeover is pending...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.