Medtronic indebted to inventor
This article was originally published in The Gray Sheet
Executive Summary
Firm plans to appeal Memphis federal jury order of $400 mil. in punitive damages to Gary Michelson, MD, and Karlin Technology, following earlier award of $110 mil. in compensatory damages and approximately $50 mil. in royalties. The patent infringement case, begun in 2001, relates to spinal surgical devices, including Medtronic's LT-Cage implant. Michelson originally sought more than $1.7 bil. in damages...