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Search jobs 06-May-2021 Aegis Spine s Attempt to Stay Court Order Halting Sale of Their AccelFix-XT Denied, Life Spine Announces
HUNTLEY, Ill. (BUSINESS WIRE) Life Spine won a second ruling barring Aegis Spine, Inc. from marketing, selling, or distributing devices in its AccelFix-XT product line.
A preliminary injunction preventing Aegis’s marketing and sale of its AccelFix-XT line of expandable medical devices has been in effect since April 5, 2021. Aegis’s attempt to stay the injunction was denied on May 4, 2021.
The United States District Court for the Northern District of Illinois issued the injunction after finding that Aegis and its parent company, L&K Biomed Co., Ltd., used Life Spine’s proprietary PROLIFT
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Spinal Device Co. Wins Ban Against Rival, But Must Pay Bond
Law360 (March 15, 2021, 10:04 PM EDT) An Illinois federal judge on Monday granted Life Spine Inc. s bid for a preliminary injunction against a former distributor s competing spinal implant device as the companies fight over whether the ex-distributor ripped off Life Spine s best-selling product, but also ordered Life Spine to put up a $6 million bond.
U.S. Magistrate Judge Young B. Kim issued the preliminary injunction following a nine-day hearing last November, barring Aegis Spine Inc. from continuing to sell its AccelFix-XT line of spinal cages, which are marketed to surgeons and hospitals for patients suffering from degenerative disc disease and directly compete with a similar cage Life.
stevenFebruary 24, 2021 6
Orthopedic Bone Cement Market in the estimated forecast period. The report summarizes and defines the impact of the external factors which are affecting the growth and revenues of the market in the predicted forecast period. Also, with the emergence of the global pandemic, the effect of COVID-19 is analyzed in the Orthopedic Bone Cement report. On the basis of type and applications, the entrance of new products and research involved in the growth of innovative products is one of the major aspects which is expected to have an influence on the Orthopedic Bone Cement Market. In addition, the impact of Covid-19 on production and the impact of demand on these products is one of the major factors that are likely to affect the growth of the market during the forecast period.