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San Diego's KFx Medical Corporation Files Patent Infringement Suit Against Arthrex, Inc.



8/2/2011 10:37:08 AM

SAN DIEGO -- (BUSINESS WIRE) -- KFx Medical Corporation (www.kfxmedical.com), a San Diego based medical devices company that develops and manufactures soft tissue fixation implants and bone anchors used in orthopedic surgeries and sports medicine procedures (including those procedures performed on overhead athletes such as baseball players), announced today that it filed a patent infringement lawsuit in the United States District Court for the Southern District of California against Arthrex, Inc., a Naples, Florida based company.

In the suit, KFx Medical alleges that Arthrex infringed and continues to infringe a KFx Medical patent (U.S. Patent No. 7,585,311) that broadly covers the method of knotless double row rotator cuff repair. KFx Medical is represented by Knobbe, Martens, Olson & Bear, LLP, the number one ranked law firm in the nation according to Intellectual Property Today’s 2011 Law Firm Patent Scorecard™.

Arthroscopic knotless double row repair techniques are widely used to restore a torn rotator cuff to its anatomic position and encourage healing. Studies published in leading medical journals including the American Journal of Sports Medicine have demonstrated the superiority of the double row repair of rotator cuff tears. Rotator cuff injuries are a common shoulder injury and frequently seen in overhead athletes such as baseball players.

In 2011, an anonymous party filed a request that the U.S. Patent Office re-examine the KFx Medical patent. During 2010, only 780 patent re-examination requests were filed, while in that same year over 200,000 patents were issued. The U.S. Patent Office rejected all arguments made by the anonymous party and upheld the KFx Medical patent.

"It was necessary that KFx Medical file this patent infringement lawsuit on behalf of its investors and employees. The protection and respect of intellectual property is a fundamental requirement of our country in order to encourage investment, innovation and job creation," remarked Tate Scott, KFx Medical president and CEO.

About KFx Medical Corporation

KFx Medical Corporation, a privately held company headquartered in Carlsbad, CA, develops industry-changer sports medicine procedures and products for orthopedic surgeons. Founded in 2003, KFx Medical has brought to market innovative tissue fixation implants and bone anchors used in a variety of orthopedic surgical procedures performed on the shoulder, knee, foot, and ankle including SutureCross® (rotator cuff) and AppianFx™ (biceps). The company is backed by Alloy Ventures, Arboretum Ventures, Charter Life Sciences, MB Venture Partners and Montreux Equity Partners. For more information visit: www.kfxmedical.com.

Kindly,

Kirsten Osolind

CEO

RE:INVENTION, inc.

619.342.4411 ext 711


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