logo
Plus   Neg
Share
Email

Conformis Settles Patent Dispute With Zimmer Biomet - Quick Facts

Medical device company Conformis, Inc. (CFMS) announced Thursday that it has entered into a settlement and license agreement with peer Zimmer Biomet Holdings, Inc. (ZBH), Zimmer, Inc., Zimmer US, Inc., and Biomet Manufacturing, LLC that resolves all patent disputes between the companies.

This dispute was related to patient-specific instrument patents for use with off-the-shelf knee, hip, and shoulder implants.

"We are glad to have reached a mutually productive settlement of all current patent litigation with Zimmer Biomet and are pleased to have the company become a licensee," said Mark Augusti, President and Chief Executive Officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford has revived the iconic Bronco brand after a gap of 24 years, this time as a dedicated off-road brand aiming to take on Fiat Chrysler's Jeep Wrangler, the dominant vehicle in the off-road category. Ford has introduced three new vehicles under the all-new Bronco brand as a 4x4 family of rugged SUVs under the tagline, "Built Wild". 3M Co. is teaming with researchers at Massachusetts Institute of Technology or MIT to develop a new rapid antigen test that detects the COVID-19 virus. The research, being conducted at the pilot lab facility at 3M's headquarters in St. Paul, Minnesota, is to learn if a simple-to-use, diagnostic device can produce highly accurate results within minutes and is feasible to mass manufacture. Retail giant Walmart has teamed up with the U.S. Department of Agriculture (USDA) to enable customers who pay for groceries with SNAP benefits, to gain access to Walmart's pickup and delivery service. Nearly 3,000 Walmart stores in 39 U.S. states are now offering customers receiving SNAP benefits through their Electronic Benefit Transfer (EBT) card to complete payments using the EBT card.
RELATED NEWS
Follow RTT