Arthrex Wins $17M Verdict In Surgery Implant Patent Suit
By Kelcee Griffis (December 12, 2016, 5:51 PM EST) -- Smith & Nephew Inc. must pay more than $17 million in damages to Arthrex Inc. for copying designs for medical implants, a Texas federal jury said Friday, holding the company liable for infringing two patents.
In the verdict, the jury held Arthrex had been injured by Smith & Nephew and subsidiary ArthroCare Corp.'s manufacturing of suture anchors that competed with two of its designs. It also cleared Arthrex of an infringement counterclaim related to a third patent asserted by ArthroCare.
The verdict, a multi-faceted decision, covered two related cases that were filed in 2015 and originally named at least eight allegedly...
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