Medtronic Accepts $179M Judgment In Screw Case

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Law360, New York (June 29, 2009) — Medtronic Inc. has agreed to pay Johnson & Johnson unit DePuy Spine Inc. $179 million to satisfy a judgment in a patent infringement suit over spinal screws, adding nearly $30 million in interest and new damages to an appeals court’s award earlier this month.

In a stipulation filed Friday in the U.S. District Court for the District of Massachusetts, the two companies agreed that Medtronic would pay $157.8 million in lost profit damages… **Subscription Required**

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