U.S. District Judge Robert Jonker in Grand Rapids, Mich., found in favor of Stryker Corp., in a patent infringement case against Zimmer Biomet and awarded the orthopedic device company giant $248.7 million, according to Reuters.
Spinal Tech
Pinnacle Spine Group received a new patent for in situ graft delivery to a fusion device.
The Medicrea Group reported its sales for the first half of 2017.
Aurora Spine received a loan from a company insider with the aggregate principal amount of $350,000.
Tyber Medical received FDA clearance for its TyFix, an all-in-one extremity joint fixation system.
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Vertiflex named Michael Enxing the company's new vice president and COO.
Dallas-based CTL Medical signed a partnership agreement with G-21 to market G-21's bone cement, kyphoplasty and vertebroplasty technology.
Stryker's spine division was named a finalist for the Back Pain Centers of America's 2017 Awards of Excellence in the Technology Innovation Award category.
ECA Medical Instruments reported major gains and market adoption of its new sterile-packed, disposable kits for orthopedics.
David Dvorak stepped down as CEO of Zimmer Biomet and the company is conducting a search for his replacement. In the interim, Senior Vice President and CFO Daniel P. Florin will act as CEO.