Jury awards Indiana spine surgeon $112M in royalty battle with Medtronic: 5 details

Written by Jackie Drees | November 30, 2018 | Print  |

Carmel-based Indiana Spine Group President Rick C. Sasso, MD, was awarded $112 million in damages after winning a five-year legal battle against Medtronic Nov. 27, according to Indianapolis Business Journal.

Here are five details:

1. In the lawsuit, Dr. Sasso claimed Medtronic failed to pay him royalties he was contractually owed for spinal and screw implant systems he invented and licensed to the company more than a decade prior, according to the report.

2. The report states that throughout their established partnership, Medtronic paid Dr. Sasso more than $20 million in royalties, which Dr. Sasso said is less than what the company owed him.

3. Medtronic said Dr. Sasso was seeking payment "far in excess of the value of his contributions," the Indianapolis Business Journal reports.

4. The company filed a regulatory motion Nov. 29, stating it has "strong arguments to appeal the verdict," and plans to file post-trial motions with appellate courts, the report noted.

5. In addition to serving as president, Dr. Sasso is also a founding member of Indiana Spine Group. He specializes in comprehensive treatment and surgery of spinal disorders and abnormalities.

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Colorado spine surgeon's bankruptcy fraud sentencing pushed to 2019: 5 details
Illinois hospital creates PR plan after hiring neurosurgeon with conduct allegations
NYU Langone-Brooklyn appoints Dr. Kola Jegede as quality & safety director for spine services

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