September 29, 2016 12:10 PM ET

Healthcare Equipment and Supplies

Company Overview of ArthroCare Corporation

Company Overview

ArthroCare Corporation, a medical device company, develops, manufactures, and markets surgical products based on its Coblation technology in the Americas and internationally. It offers sports medicine products, including Coblation Wands that features disposable energy-based surgical wands for single patient use to treat shoulder, knee, hip, foot, ankle, elbow, and wrist injuries; and soft-tissue fixation products, such as knotless and traditional anchors for rotator cuff and labrum repairs in the shoulder and hip; screws for ligament reconstruction in the knee; and arthroscopic suture passers, as well as reusable hand-held instruments, procedural kits, and accessories. The company also provi...

7000 West William Cannon Drive

Building 1

Austin, TX 78735

United States

Founded in 1993

1,840 Employees

Phone:

512-391-3900

Fax:

512-391-3901

Key Executives for ArthroCare Corporation

Chief Technology Officer and Senior Vice President of Research & Development
Age: 58
Chief Regulatory Officer and Senior Vice President of Quality Systems & Assurance
Age: 54
Senior Vice President and General Manager of Sports Medicine Business
Age: 46
General Manager, Clinincal Trial Manager and General Manager of Research & Development
Vice President of Finance - Americas
Age: 40
Compensation as of Fiscal Year 2016.

ArthroCare Corporation Key Developments

Arthrex Serves Second Patent Infringement Lawsuit Against Smith & Nephew and ArthroCare

Arthrex has served a patent infringement lawsuit against Smith & Nephew and its wholly-owned subsidiary, ArthroCare Corp. in the Federal Court for the Eastern District of Texas, Marshall Division. The lawsuit, which is the second patent infringement lawsuit the company has filed against Smith & Nephew and ArthroCare, Corp, alleges two new counts of infringement relating to Arthrex’s knotless anchor technology sold throughout the world. The first lawsuit against Smith & Nephew and ArthroCare Corp. was filed in the same court on June 18, 2015 alleging 47 counts of infringement relating to 12 threx patents. The new lawsuit brings the total to 49 counts relating to the following 13 Arthrex patents: 9,179,907, 8,821,541, 8,801,755, 8,623,052, 8,343,186, 7,329,272, 7,322,986, 7,195,634, 6,875,216, 6,629,977, 6,511,499, 6,214,031, 5,993,451. The new lawsuit alleges that Smith & Nephew and ArthroCare Corp. infringed on these patents and is seeking an injunction and damages on their manufacturing and sale of various lines of implants, including SpeedScrew, SpeedLock, SpeedLock Hip, LabraLock P, MultiFix, BioRaptor Knotless, Footprint PK, TwinFix and Ultra suture anchors, which are sold by Smith & Nephew to compete with Arthrex’s PushLock and SwiveLock implants.

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