Supreme Court declines review in $4m Globus loss to doc inventor

June 21, 2016 By Brad Perriello


The U.S. Supreme Court yesterday declined to review Globus Medical‘s (NYSE:GMED) $4.3 million loss to the physician who invented some of its spine implant technology.

Dr. Sabatino Bianco sued Globus in March 2012, alleging that the company’s Caliber, Caliber-L and Rise adjustable interbody spacers were based on trade secrets stolen from him in 2007. In January 2014, a jury in the U.S. District Court for Eastern Texas found that Globus had stolen the trade secrets but was not liable for breach of contract, awarding damages of $4.3 million, according to court documents.





Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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