Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors 
Taiwan Mangoes Head to Europe as Premium Fruit Exports Expand 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
Stripe, Advent Offer $53 Billion Deal to Acquire PayPal: Reuters 
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI 
Volkswagen Launches €28,000 ID. Cross EV as Europe’s Electric Vehicle Demand Accelerates 
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 
Richemont Q1 Sales Beat Forecast as Cartier Demand Drives Strong Growth 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States 
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report 
Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion 
SEB Q2 Profit Rises on Strong Lending, Record Fee Income, Announces New Share Buyback 
Muji Owner Ryohin Keikaku Stock Soars After Raising Full-Year Earnings Forecast 
SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
AUDUBON, Pa., Jan. 19, 2016 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced DePuy Synthes Products, Inc., DePuy Synthes Sales, Inc. and Globus Medical, Inc. have settled four patent infringement lawsuits concerning spinal implant technologies. The terms of the settlement have not been disclosed but were to the parties' mutual satisfaction.
The four cases are: (1) N Spine, Inc. and Synthes USA Sales, LLC v. Globus Medical, Inc., No. 1 0-300-RGA (D. Del. filed Apr. 13, 2010); (2) DePuy Synthes Products, Inc. v. Globus Medical, Inc., No. 11-652-LPS (D. Del. filed July 22, 2011); (3) Globus Medical, Inc. v. DePuy Synthes Products, LLC and DePuy Synthes Sales, Inc., No. 13-854-LPS (D. Del. filed May 15, 2013); and (4) DePuy Synthes Products, LLC v. Globus Medical, Inc., No. 14-011-RGA (D. Del. filed Jan. 7, 2014).
About Globus Medical, Inc.
Globus Medical, Inc. is a leading musculoskeletal implant company based in Audubon, PA. The company was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders. Additional information can be accessed at http://www.globusmedical.com.
Contact: Dan Scavilla Senior Vice President and Chief Financial Officer Phone: (610) 930-1800 Email: [email protected] www.globusmedical.com
