Category: Zimmer Holdings
Zimmer Holdings wants a federal judge to impose sanctions against the lawyers in 3 cases from the multi-district litigation filed over its knee implants, claiming that the cases should never have been brought in the 1st place.
Here's a look at some of the top legal news stories for medical device companies this week: Another Covidien shareholder sues to block Medtronic merger; Ex-Integra sales rep, manager cop to $800k hospital fraud scheme; Diabetes: Medtronic, Johnson & Johnson settle patent spat; Stryker settles hip implant suit against J&J's DePuy; Appeals court reverses Medtronic's win in Lenox bone mill spat
Wright Medical Group Inc.
, Zimmer Holdings
, DePuy Synthes
, Integra LifeSciences Corp.
, Johnson & Johnson
, Lenox MacLaren Surgical Corp.
, Smith & Nephew
, Stryker Corp.
Stryker Corp. settles a patent infringement lawsuit filed against Johnson & Johnson's DePuy Orthopaedics division; co-defendants Wright Medical, Zimmer Holdings and Smith & Nephew move to have their cases tossed as well.
A federal judge lets stand most of the claims in a lawsuit accusing Stryker Corp. and a former Zimmer sales rep of scheming to create a 'Trojan horse' plan designed to lure Zimmer reps to work for Stryker.
The IRS calculates that medtech companies paid the federal government $1.4 billion in medical device excise taxes in 2013, according to a response to a Freedom of Information Act request by MassDevice.com.
Medical device companies ponied up $1.4 billion in excise tax payments to the federal government in 2013 to pay for Obamacare, according to documents supplied to MassDevice.com by the Internal Revenue Service.
Zimmer Holdings misses 2nd-quarter sales expectations, just meets Wall Street's earnings forecast and cuts its 2014 guidance, sending share prices down this morning.
Zimmer (NYSE:ZMH) shares are down this morning after the orthopedic device maker reported disappointing 2nd-quarter results and cut its outlook for the rest of the year.
Here's a look at some of the top regulatory stories for medical device companies this week: Covidien taps integration chief to navigate Medtronic merger; Zimmer, Biomet appoint integration team; Thoratec inks $75M deal for Apica Cardiovascular; FTC wants more from Zimmer, Biomet on merger; Johnson & Johnson closes Ortho-Clinical Diagnostics sale