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Court confirms Biomet to pay $49 million compensatory damages

This article was originally published in Clinica

Executive Summary

Orthopaedics company Biomet has had the $50 million punitive damages awarded against it in a 1997 case brought by Orthofix reduced to just $1 million. However the Warsaw, Indiana company will still have to pay $48.9 million in compensatory damages - an amount which goes up to more than $55 million when interest is included.

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