http://spine.orthopedicnetworknews.com/archives/onn164s5.pdf
"However, an alternative view of the $1.3 billion award may be
that it is an “investment” from Medtronic’s point of view. They
may simply see this as a business investment—if Michelson’s
patents become enforceable, they can use them to block other
entrants into the spinal market or secure royalty payments. For
example, since Michelson (now Medtronic) owns a patent for
the preparation of the intervertebral space for a interbody fusion
device, it is possible Medtronic will use this patent against any
company that has an interbody fusion device or even artificial
disc, and either extract a royalty from them, or prevent them
from bringing new products to the market. In either case, the net
result may be higher prices to hospitals and less “innovative”
companies." It appears that as part of the settlement Gary Michelson asked for stickers to be put on all products made with his patents to "secure his legacy." That is truly conceited. Who needs their name on nuts and bolts used in spinal surgery?
In order
to secure his legacy among spine surgeons, hospital administrators,
patients, and plaintiff attorneys, Medtronic now places
stickers on all the implants in which Dr. Michelson has patent
ownership. These are designed similar to those of the produce
industry which pioneered the use of the “P-Seals.” These are
self-adhesive stickers that one finds at the supermarket attached
to vegetables and fruits in the
produce section. Medtronic
Sofamor Danek now “proudly
displays” the Michelson logo
“Michelson technology at
work” on the sides of boxes
which use any of Michelson’s
patents. Based on what I've read people in the spine industry and doctors don't like Dr. Gary Michelson. His main goal is to sue people for infringement. I personally feel Gary Michelson has a lot of inner hate. He states his father called him an "idiot" and "stupid." He said his dad divorced his mom when he was 11. He states his mother didn't give him as much attention as his older brothers which is why he did poorly in school. He states she only gave his older brothers affection because she basically had nothing better to do making it sound like she hated kids. He states he failed in school but his teachers passed him just to get rid of him. I was told he was a psychology major in under grad. This would explain a lot. Again, I'm posting what I read in other articles and online Google books. These things were said by Gary Michelson or written by others. I believe I've posted direct links.
No comments:
Post a Comment