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Biomedicine
African American-Owned Company Canady Technology to Seek Twenty-Six Million Dollars in Damages against ConMed Corporation and Attorney Fees in Excess of Five Hundred Thousand Dollars against Erbe Elektromedizin GmbH
March 29th, 2008
Despite recent legal decisions against Erbe in the U.S. International Trade Commission and the U.S. District Court for the Western District of Pennsylvania and a prior decision against ConMed in the arbitration it instituted against Canady Technology, negotiations over the last six weeks between Canady Technology, Erbe and ConMed have ended without a settlement of the remaining legal claims. Canady Technology, LLC the first African-American owned biomedical device company in United States has been embroiled in a series of tumultuous litigation battles with ConMed Corporation, Utica, NY and Erbe Elektromedizin GmbH (German family-owned company) and Erbe USA (the US subsidiary of the German...
Source: Law & Health Weekly (2008-03-29)
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