BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  C2C Services & Suppliers™
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

Medtronic, Inc. (MDT) Wins $101 Million in Patent Suit Against NuVasive, Inc. (NUVA)


9/21/2011 6:42:57 AM

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Medtronic, Inc. (NYSE:MDT - News) announced today that a jury in the United States District Court of the Southern District of California in San Diego, found that NuVasive's CoRoent XL implants, MaXcess II and III retractors, and Helix and Helix mini anterior cervical plates infringe three patents owned by Medtronic.

The jury awarded Medtronic $101.2 million in damages.

“We are pleased by the jury’s verdict,” said Doug King, senior vice-president and president of Medtronic Spinal. “The decision confirms our leadership in spinal implant technology, and we remain committed to vigorously defending our intellectual property.”

Medtronic’s three patents are related to implants for the thoracic and lumbar spine, a plate and screw system for the cervical spine and a tissue retractor.

The translateral implant and cervical plate patents cover inventions developed by Gary K. Michelson, M.D.

About Medtronic’s Spinal Business

Medtronic’s Spinal Business, based in Memphis, Tenn., is the global leader in today’s spine market and is committed to advancing the treatment of spinal conditions. Medtronic Spinal collaborates with world-renowned surgeons, researchers and innovative partners to offer state-of-the-art products and technologies for neurological, orthopaedic and spinal conditions. Medtronic is committed to developing affordable, minimally invasive procedures that provide lifestyle friendly surgical therapies. More information about the company and its spinal treatments can be found at www.medtronicspinal.com and its patient-education Web sites, www.back.com, www.iscoliosis.com, www.maturespine.com and www.necksurgery.com.

About Medtronic

Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology – alleviating pain, restoring health, and extending life for millions of people around the world.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

Contact:

Medtronic, Inc.Victor Rocha, 901-399-2401Public RelationsJeff Warren, 763-505-2696Investor Relations


Read at BioSpace.com
Read at Bloomberg
Read at Wall Street Journal

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->