Stryker settles hip implant suit against J&J's DePuy (MassDevice)
Stryker Corp. settles a patent infringement lawsuit filed against Johnson & Johnson's DePuy Orthopaedics division; co-defendants Wright Medical, Zimmer Holdings and Smith & Nephew move to have their cases tossed as well.
Stryker (NYSE:SYK) agreed to dismiss Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics from a patent infringement lawsuit brought over Stryker's patent for a hip implant component.
Stryker leveled the suit against DePuy and a quartet of other orthopedics rivals in November 2011, accusing...
