KFx Medical entered into a license agreement allowing Wright Medical Technology to promote products and techniques for knotless double row rotator cuff repair, as claimed in U.S. Patent No. 7,585,311, and related patents/applications for the life of those patents. Further, KFx and Wright will dismiss related pending litigation.
KFx has previously entered into licensing agreements with ConMed, DePuy Mitek and Smith & Nephew associated with the same patents.
Sources: KFx Medical, LLC; ORTHOWORLD Inc.