Alphatec Spine pays Biomet/Cross Medical $18M to Settle Licensing Dispute

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Alphatec Spine and Cross Medical Products Settle License Agreement Dispute (press release)
CARLSBAD, Calif., Jan 5, 2012 (GlobeNewswire via COMTEX) -- Alphatec Holdings, Inc. ATEC +0.58% , the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, today announced that it has reached a global settlement agreement of two pending lawsuits. In the first lawsuit, Cross Medical Products, Inc. (a subsidiary ...

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