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Monday, October 7, 2019

Zimmer strikes out in appeal of patent infringement judgement with Stryker

The U.S. Supreme Court has declined to hear an appeal by Zimmer Biomet Holdings (ZBH +0.6%) over the tripling a $70M patent-infringement award to competitor Stryker (SYK -0.7%) related to devices that clean bones during surgery.
The final judgement was $230M based on ZBH’s “willful” infringement.

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