Acumed and Arthrex Announce Resolution of Patent Infringement
September 4, 2014
Hillsboro, Oregon – Acumed and Arthrex are pleased to announce that they have reached a mutually acceptable resolution of their patent infringement dispute involving Acumed’s U.S. Patent Nos. 6,984,235 and 8,070,786 and Arthrex’s Compression FT bone screws.
As part of the confidential settlement, Acumed has agreed to dismiss its patent infringement lawsuit against Arthrex. Acumed and Arthrex have also resolved their patent infringement dispute relating to distal radius plate targeting guides containing radiopaque markers.
Bob Johnson, Acumed’s President, stated that “Acumed recognizes that protecting our patent rights is critical to the success of being an innovation-based medical device company. We appreciate working with Arthrex to resolve these issues in a professional manner.”
Acumed is a global leader in developing innovative orthopaedic and medical solutions to improve patient care. Acumed has over two decades of experience in the orthopaedic industry with the mission of aiding the afflicted through the ingenuity of our minds, the labor of our hands and the compassion of our hearts. Founded in 1988, Acumed is headquartered in Hillsboro, Oregon, with offices and a distribution network around the world.
About Colson Associates, Inc.
The Colson Medical Companies are dedicated to the advancement of medical science, the improvement of patient care, and in particular to the contribution that high quality, cost effective health care technology can make toward achieving those goals. Colson Associates’ medical device companies include Acumed LLC, Apex (Guangzhou) Tools & Orthopedics Company, OsteoMed L.P., MicroAire Surgical Instruments LLC, Precision Edge Surgical Products LLC. and Skeletal Kinetics.