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KFx Medical, LLC. Sues Stryker, Inc. for Patent Infringement

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KFx Medical, LLC. announced it has sued Stryker, Inc. (NYSE:SYK) for
its continued infringement of US Patent number 7,585,311 and related
patents for knotless double row rotator cuff repair.

In 2015, when KFx successfully defended these patents versus Arthrex,
Inc., Arthrex paid in excess of $35m in damages and interest for its
infringement of these same KFx Knotless Double Row Fixation patents and
fought KFx through the appellate court and was ultimately denied any
further review by the Supreme Court of the United States.

KFx Medical, LLC has 5 agreements that license the same patents to other
medical device companies, giving them the right to promote the use of
products and techniques for knotless double row rotator cuff repair as
claimed in US Patent number 7,585,311 and related patents and
applications for the life of those patents.

About KFx
Medical, LLC

KFx Medical LLC was founded in 2003 to develop products for tissue
fixation in a variety of orthopedic surgical procedures performed on the
shoulder, knee, foot, and ankle. KFx provides simple systems for
orthopedic surgeons focused on sports medicine. The company is privately
held. Investors include Alloy
Ventures
, Charter
Life Sciences
, Arboretum
Ventures
, Montreux
Equity Partners,
and MB
Venture Partners
.

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