TriMed Inc.’s four-year-old patent suit against Stryker Corp. (NYSE:SYK) came to a conclusion with the companies entering into a licensing agreement.
The Valencia, Calif.-based orthopedic device maker sued Stryker in March 2006 for infringing on IP covering its radial pin plate and ullnar pin plate wrist fracture repair devices, according to court documents. The companies settled the case out of court in October 2010; it was formally dismissed by the U.S. District Court for Central California in December.