Zimmer Inc. (ZMH) Owes Stryker $210 Million for Willful Infringement
8/9/2013 7:42:42 AM
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A federal judge triples the $70 million awarded to Stryker Corp. after a jury ruled that Zimmer willfully infringed its patents covering wound debridement devices. Zimmer (NYSE:ZMH) is on the hook for more than $210 million in damages owed to rival Stryker (NYSE:SYK), after a federal judge in Michigan tripled a jury's $70 million decision. Kalamazoo, Mich.-based Stryker sued orthopedics rival Zimmer in December 2010, alleging infringement of 3 patents covering wound debridement technology with Zimmer's Pulsavac Plus device.
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