The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Orthopedics giant Zimmer Holdings (NYSE:ZMH) acquired Memphis, Tenn.-based ExtraOrtho Inc. and its external fixation system XtraFix.
The XtraFix system is used after breaks or fractures for unilateral and multilateral fixation of bones. The acquisition strengthens Zimmer’s stake in the $5.5 billion global trauma market.
Stryker Corp. (NYSE:SYK) was dismissed as a defendant in a patent infringement lawsuit after inking a licensing deal for Hospital Systems Corp.’s medical picture archiving and communication system technology.
The Kalamazoo, Mich.-based medical device giant was one of nine firms sued by Acacia Research Corp. (NSDQ:ACRI) subsidiary HSC in a lawsuit alleging that they infringed a pair of patents covering its medical image storage, retrieval and transmission system. HSC alleged that the defendants sold competing systems based on the patents covering the technology; in Stryker’s case, the allegedly infringing product was its OfficePACS Power System.
