Acantha wins $8.2M in DePuy Synthes patent infringement lawsuit
A jury awarded Acantha $8.2 million in damages, delivering a patent infringement verdict against medical device manufacturer Johnson & Johnson subsidiary DePuy Synthes Aug. 21. After a seven-day trial and five hours of deliberation, a Wisconsin jury found DePuy companies willfully infringed on Acantha’s patent. Acantha accused DePuy Synthes of infringing on its patent for an orthopedic implant assembly designed to join bone segments.
A definitive timeline of Medtronic’s tax dispute with the IRS
On Aug. 16, an appeals court ruled a prior judge didn’t adequately justify her calculation method that determined Fridley, Minn.-based Medtronic owed about $14.3 million in taxes, rather than the $1.4 billion in taxes the IRS is seeking. The legal battle began over Medtronic’s transfer pricing arrangements, a method through which companies can legally attribute profits from U.S.-sold and manufactured products to a foreign country.
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