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."