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10/02/07
A federal court ruled Wednesday that Medtronic Inc. must pay $226.3 million to a unit of Johnson & Johnson to resolve a patent infringement case. Fridley-based Medtronic said in a statement that it will appeal the jury verdict, which the company said is not yet final. The patent dispute is related to screws used to treat spinal problems. Medtronic, a maker of medical devices, would pay the money to New Jersey-based Johnson & Johnson's DePuy Spine division.
Posted by GEN-ERIC at 12:42:12 am into the following categories: In The News
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