A court in Paris ruled in favor of Safe Orthopaedics in an infringement case against Neo Medical, according to a May 31 news release.
Here's what you should know:
1. Safe Orthopaedics sued Neo Medical after finding the company was importing and selling products on French territory that reproduced characteristics of one of its patents.
2. Under the ruling, announced May 28, Neo Medical cannot market or import its pedicle screw kit on French territory and must destroy any remaining stock of them.
3. Pierre Dumouchel, CEO and chair of Safe Orthopaedics said: "The Paris Court confirms the strength of our patents, as did the European Patent Office, and requires our competitor to withdraw its technologies that were found to be counterfeit. We are delighted with this decision, which defends our know-how and our distribution in the French market, estimated at around [100 million euros]."
4. Neo Medical responded to the announcement in a June 1 press release. The company believes the ruling won't impact its business in France.
"Neo Medical believes that the judgment rendered on May 28th, 2021 is unfounded, as far as the issues of the validity of French Patent No. 2,990,840 and of its infringement are concerned. Neo Medical therefore reserves its right to appeal this first instance decision."