A federal judge in Colorado dismissed an anti-trust lawsuit filed against Medtronic (NYSE:MDT) by bone mill maker Lenox MacLaren Surgical, ruling that Lenox failed to name the correct Medtronic subsidiary in the suit. Louisville, Colo.-based Lenox MacLaren 1st inked a distribution deal with Medtronic subsidiary Medtronic Sofamor Danek USA in 2000, hoping the pact would provide the scale to […]
Lenox MacLaren Surgical Corp.
Lenox MacLaren lawyers draw sanctions in Medtronic anti-trust suit
Lawyers representing Lenox MacLaren Surgical in an antitrust lawsuit against Medtronic (NYSE:MDT) were sanctioned last week for not heeding prior warnings about forthrightness during discovery. Lenox accused Medtronic of abusing a contract to supply surgical bone mills used for spinal fusion surgeries to monopolize the market. Judge Nina Wang of the U.S. District Court for Colorado ordered the law […]
COV shareholder sues to block pending MDT merger | Medtech legal news for the week of August 18, 2014
Appeals court reverses Medtronic’s win in Lenox bone mill spat
Medtronic prevails in bone mill antitrust suit filed by Lenox MacLaren Surgical
Medtronic loses appeal in bid to force Lenox MacLaren into arbitration
Medtronic Inc. (NYSE:MDT) lost another bid to quash an antitrust lawsuit accusing it of using unfair business practices to drive bone mill maker Lenox MacLaren Surgical out of business.
The U.S. Court of Appeals for the 10th Circuit upheld a Colorado judge’s decision denying the Fridley, Minn.-based medical device maker’s motion to force the issue into arbitration.
Medtronic loses bid to force Lenox MacLaren into arbitration
Medtronic Inc. (NYSE:MDT) lost a bid to quash an antitrust lawsuit accusing it of using unfair business practices to drive bone mill maker Lenox MacLaren Surgical out of business.
A federal judge in Colorado denied the Fridley, Minn.-based medical device maker’s motion to force the issue into arbitration, ruling against Medtronic move to enforce an arbitration provision in the license agreement between it and Lenox MacLaren — which expired in 2001.
Bone mill maker sues Medtronic
Since Linda Lenox began designing medical devices in her garage in 1987, she’s invented and patented four products and developed hundreds more. When she inked a distribution deal with Medtronic Inc. (NYSE:MDT) to distribute the revolutionary bone mill made by her firm, Lenox MacLaren Surgical Corp., she hoped the deal would provide the scale to put the devices in every orthopedic surgical suite in the world.
