Sam Brusco, Associate Editor01.02.24
Life Spine announced it has settled its litigation against Aegis Spine. The parties agreed to an order issued by the U.S. District Court, Northern District of Illinois permanently barring sale of Aegis’ AccelFIX-XT line of devices in the U.S.
Life Spine had sued Aegis for breach of contract and trade secret theft shortly after the launch of Aegis’ AccelFix-XT line.
The order prevents Aegis and any business entities and/or persons controlled directly or indirectly by Aegis, and any business entities and/or persons in active concert or participation with Aegis from, among other things, “Developing, manufacturing, marketing, promoting, advertising, distributing, transferring, assigning, sharing, disclosing, selling, offering for sale, seeking hospital registration of, or submitting a response to a request for proposal for any items in the AccelFix-XT line of medical devices.”
Further, L&K Biomed and L&K Spine have committed to never sell or directly or indirectly cause to be sold the AccelFix-XT line of devices within the U.S.
Life Spine had sued Aegis for breach of contract and trade secret theft shortly after the launch of Aegis’ AccelFix-XT line.
The order prevents Aegis and any business entities and/or persons controlled directly or indirectly by Aegis, and any business entities and/or persons in active concert or participation with Aegis from, among other things, “Developing, manufacturing, marketing, promoting, advertising, distributing, transferring, assigning, sharing, disclosing, selling, offering for sale, seeking hospital registration of, or submitting a response to a request for proposal for any items in the AccelFix-XT line of medical devices.”
Further, L&K Biomed and L&K Spine have committed to never sell or directly or indirectly cause to be sold the AccelFix-XT line of devices within the U.S.