Medtronic (NYSE:MDT) lost its bid Monday to have the U.S. Supreme Court toss a decision awarding $112 million in royalties to an Indiana spine surgeon-turned-inventor.
The court declined to hear a petition by Medtronic to overturn an appeals court decision that allowed the jury’s award to Dr. Rick Sasso to stand. Sasso won the royalties decision in Indiana state court in 2018, five years after first claiming in a lawsuit that the company shorted him on their royalties deal for the Vertex cervical spine system he helped develop.
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