Judge: Ex-Synthes sales manager broke noncompete
Former Synthes sales rep counter-sues in generic ortho devices battle
Former Synthes Inc. sales rep John Marotta fought back against his erstwhile employer, lodging a counterclaim alleging antitrust violations and claiming that the device giant is using litigation to crush competitors.
Marotta mans the corner office at Emerge Medical Inc., a Denver, Colo.-based orthopedic device maker that offers generic components like surgical screws and drill bits at lower prices.
Report: Medtronic to shutter Ventor’s Israeli shop | Wall Street Beat
Medtronic (NYSE:MDT) is shutting down heart valve maker Ventor Technologies, which it acquired in 2009, and moving its R&D efforts to other site, according to an Israeli business journal.
Netanya, Israel-based Ventor is developing an aortic replacement valve called the Engager. Medtronic bought the company for $325 million 3 years ago.
