Globus Medical Files Suit Against Life Spine for IP Infringement
Globus Medical, Inc. Class A (GMED)
Last globus medical, inc. class a earnings: 2/20 04:15 pm
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Source: GlobeNewswire
AUDUBON, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today filed a lawsuit against Life Spine, Inc. alleging infringement of seven different patents related to Globus Medical’s expandable interbody spacer technology. This action involves a number of products manufactured by Life Spine, and marketed by them and other companies. The suit was filed in the United States District Court for the District of Delaware, seeking injunctive relief and damages for infringement. “Globus Medical is the leader in expandable interbody technology, creating meaningful advancements in treatment options for surgeons who treat patients affected by degenerative disc disease of the lumbosacral spine,” said Dave Demski, President and CEO of Globus Medical. “We’ve invested tremendous effort and millions of dollars in research and development to create innovative technology to improve the lives of patients, generating over 256 patents
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