Wright Medical and KFx settle patent litigation and sign a licensing deal

Wright Medical, KFx settle patent spat, ink licensing deal (MassDevice)
KFx Medical said today it and Wright Medical (NSDQ:WMGI) agreed to dismiss patent litigation over rotator cuff repair patents between the companies and ink a licensing deal.
Through the newly inked deal, Memphis, Tenn.-based Wright Medical and its affiliates will have the right to promote the use of products and techniques for knotless double row rotator cuff repair, which KFx owns the patent for, for the life of those patents. Terms of the deal were not disclosed.
“We are proud to have our innovation recognized by Wrigh...