Osteotech settles with Medtronic over bone dowels
This article was originally published in Clinica
Osteotech has settled a patent infringement lawsuit with Medtronic in order to avoid substantial legal fees and the potential award of damages against it. It will pay Medtronic $1.9 million over two years and will stop making and selling its bio-d bone dowel by January 31 2003. Separately, Osteotech is selling its PolyActive patents to tissue engineering company IsoTis for $1 million.