2/20/2014 7:56:10 AM
Arthrex loses its bid for a new trial in its patent infringement war with KFx Medical, but must pay royalties on sales of its SpeedBridge and SutureBridge shoulder anchor devices. A $29 million judgment against Arthrex will stand in its patent war with KFx Medical after a federal judge in California declined to grant a new trial. KFx sued Arthrex in August 2011, alleging infringement of the patents by Arthrex's SutureBridge and SpeedBridge devices for rotator cuff repair and Achilles tendon repair, winning a $29 million decision last October after a jury found that Arthrex infringed its patent.
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