Medtronic (NYSE:MDT) is still on the hook to pay $15.4 million to bone cement maker Pabban Development for breaking the terms their 2008 acquisition deal, a federal appeals court ruled yesterday. Irvine, Calif.-based Pabban, which developed a bone cement system for spinal surgeries called Natrix, claimed the technology had key improvements over other bone cements at the […]
Kyphon Inc.
Medtronic unveils next-gen balloon kyphoplasty
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Stryker alleges Medtronic colluded with patent troll for Kyphon IP
MDT owes $15.4 million to bone cement maker Pabban Development | Medtech legal news for the week of May 19, 2014
Jury: Medtronic owes bone cement acquisition $15M
More hospitals settle Medtronic’s Kyphon Medicare fraud cases
VLV sues Becton, Dickinson over ‘bloodless catheter’ patent | Legal News
Becton Dickinson & Co. (NYSE:BDX) is facing a patent infringement lawsuit filed by VLV Assoc., a small medical device company based in New Jersey, accusing it of infringing VLV’s patent for a "bloodless catheter."
Medtronic shells out millions to fake company scam
A California woman pleaded guilty to selling nonexistent merchandise to Medtronic Inc. (NYSE:MDT), scamming millions of dollars out of the medical device goliath over five years.
Jennifer Rutherford, age 40, pleaded guilty to one count of wire fraud in connection with the crime and admitted to devising the scheme, through which she made at least $2.1 million from Fridley, Minn.-based Medtronic.
