Integer Holdings (NYSE:ITGR), formerly known as Greatbatch, has been awarded approximately $22.2 million in damages in the retrial of a pacer tech patent spat with AVX, down from a previous award of $37.5 million, according to recently released court documents. Integer originally filed a patent infringement complaint in April 2013, alleging that AVX infringed on patents […]
Appeals court upholds Greabatch win over AVX
The US Court of Appeals for the Federal Circuit this week affirmed a Patent Trial and Appeal Board ruling granting $37.5 million in damages to Greatbatch, now known as Integer Holdings (NYSE:INTGR), in a patent infringement case against AVX. A 3-judge panel affirmed the decision in a 1-sentence per curium order, according to court documents. Greatbatch won […]
FDA issues Class I recall for select Greatbatch offset cup impactors
The FDA today issued a Class I recall for a select amount of Greatbatch Medical (NYSE:GB) standard offset cup impactors designed for use in hip joint replacements over issues with inadequate sterilization. A Class 1 indication from the federal watchdog indicates “a reasonable probability that use of these products will cause serious adverse health consequences or […]
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