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-0.0288372093023255 -0.0288372093023255 -0.0155038759689923 0 0.018217054263566 -0.0387596899224807 -0.0232558139534884 0.00201550387596894
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Alphatec Announces Stay of Court Proceedings in NuVasive Patent Lawsuit

Alphatec Holdings, Inc. (ATEC) 
Last alphatec holdings, inc. earnings: 10/30 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
CARLSBAD, Calif., Feb. 11, 2019 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (“ATEC” or “the Company”) (Nasdaq: ATEC) today announced several favorable developments in its ongoing patent litigation with NuVasive, Inc. (Nasdaq: NUVA). On February 6, 2019, the United States District Court for the Southern District of California (the “Court”) granted a stay in the patent litigation proceedings between ATEC and NuVasive and vacated the December 9, 2019 trial date.  The stay, which was agreed to by both ATEC and NuVasive, halts active litigation in the patent suit while the U.S. Patent and Trademark Office considers challenges recently filed by ATEC to invalidate certain NuVasive patents covering its CoRoent® lateral implants.  “We are extremely pleased with the many legal successes that we have seen to date in this lawsuit, including the Court’s entry of the stay,” said Pat Miles, ATEC’s Chairman and Chief Executive Officer. “I am confident that, upon full review, the Patent Office wil Show less Read more
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