5 things to know about Spineology’s suit against Wright Medical

Spineology sued Wright Medical Technology, alleging the company’s percutaneous expandable reamer infringed on an existing patent, according to a JDSUPRA Business Advisor report.

Advertisement

Here are five things to know:

 

1. Spineology alleges Wright Medical’s X-REAM percutaneous expandable reamer infringes on its “Expandable Reamer” patent.

 

2. In 2006, Spineology sold 50 of its expandable reamers to Wright Medical but didn’t include a license to the patent in the sale.

 

3. The patent for the “Expandable Reamer” was reissued to Spineology in September 2011.

 

4. Last year Spineology sent a cease-and-desist letter asking Wright Medical to stop selling the X-REAM.

 

5. Wright Medical did not stop selling the X-REAM, and Spineology then filed suit.

 

More articles on spine devices:
6 key updates on Aurora Spine’s 1st trache of non-brokered private placement
Nasdaq to Amedica: Higher stock price necessary to stay listed—6 key notes
LDR, Amendia, Precision Spine & more—18 key notes

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • Since March 25, there have been two key developments in lawsuits involving spine medtech companies. 1. The U.S. Court of…

  • The highest-paid CFOs at spine and orthopedic medtech companies saw total compensation reaching in the mid-single digits and beyond. Here…

Advertisement

Comments are closed.