Smith & Nephew $85 Million Verdict Against Arthrex Removed (Bloomberg)
A U.S. judge threw out an $85 million verdict that Smith & Nephew Plc had won against Arthrex Inc. over patented technology for surgical anchors used in shoulder surgery.
U.S. District Judge Michael Mosman in Portland, Oregon, found that, under the correct interpretation of the patent, no reasonable jury could find that Arthrex infringed the Smith & Nephew patent, Arthrex said in a statement.
The devices are anchored to a bone to repair tears in the rotator cuff or in the labrum, a fibrous ring...
