Zimmer Told to Pay Stryker $70 Million in Patent Case (Bloomberg)
Zimmer Holdings Inc. (ZMH) was told to pay $70 million to Stryker Corp. (SYK) for infringing patents related to a device that removes damaged tissue and cleans bones during joint-replacement surgery.
Zimmer infringed three Stryker patents, a federal jury in Grand Rapids, Michigan, said today. The jury also found the infringement was willful, meaning U.S. District Judge Robert Jonker can increase the award.
The dispute is over devices that use pulsing liquid, such as water or saline solution, to loosen debris from a surgical site...