Globus Medical Files Suit Against Life Spine for IP Infringement

Action Seeks Relief to Prevent Further Infringement of Globus Medical Patents

Audubon, Pennsylvania, UNITED STATES


AUDUBON, Pa., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today filed a lawsuit against Life Spine, Inc. alleging infringement of seven different patents related to Globus Medical’s expandable interbody spacer technology. This action involves a number of products manufactured by Life Spine, and marketed by them and other companies. The suit was filed in the United States District Court for the District of Delaware, seeking injunctive relief and damages for infringement.

“Globus Medical is the leader in expandable interbody technology, creating meaningful advancements in treatment options for surgeons who treat patients affected by degenerative disc disease of the lumbosacral spine,” said Dave Demski, President and CEO of Globus Medical. “We’ve invested tremendous effort and millions of dollars in research and development to create innovative technology to improve the lives of patients, generating over 256 patents related to expandable interbody implants alone. Our intellectual property is a critical component in making such advancements possible, and we are committed to protecting our proprietary technology against companies that benefit from making and distributing infringing devices.”

About Globus Medical, Inc. 
Globus Medical, Inc. is a leading musculoskeletal solutions 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

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Contact: 
Brian Kearns 
Senior Vice President, Business Development and Investor Relations 
Phone: (610) 930-1800 
Email: investors@globusmedical.com 
www.globusmedical.com