Dental device developer Rodo Medical said today that it entered into a new distribution agreement with Straumann Holding, which has increased its stake in Rodo Medical from 12% to 30% for an undisclosed sum. The agreement will provide Straumann with exclusive distribution rights outside of North America and South Korea with an option to increase […]
Dental
Align Technology, ClearCorrect trade blows in patent spat
ClearCorrect and Align Technology (NSDQ:ALGN) both claimed victories in ongoing patent spats between the 2 related to transparent dental aligners this week. Align Technology said on Tuesday that the US Patent and Trademark Office confirmed the validity of 2 patents which were being challenged by ClearCorrect. The company touted that the 2 confirmed patents are in […]
Align Technology inks sales deal with Zfx
Align Technology (NSDQ:ALGN) said today it inked a sales agreement with Zfx GmbH to expand the sales of its iTero Element intraoral scanners in European, Asian and African countries. Through the non-exclusive deal, Zfx will act as a sales agent for the company’s iTero Element intraoral scanners amongst its network of customers, including laboratories, milling centers […]
Neocis wins FDA nod for 1st dental robotic guidance system
Robotic medical device developer Neocis said today it won FDA 510(k) clearance for its Yomi robotic guidance system for dental implant procedures, touting it as the 1st of its kind to win a nod from the federal watchdog. The Yomi is a computerized navigational system designed to assist in both pre and intra-operative phases of […]
Align Technology announces Nobel Biocare implant software integration
Align Technology (NSDQ:ALGN) said today it expanded workflow options for its iTero intraoral scanner, now expanded to include digital workflow for Nobel Biocare implants. Customers using San Jose, Calif.-based company’s iTero system can now order Nobel Biocare implant cases through detnal labs, which in turn can order NobelProcera single-unit restorations for their doctors. “Integrating the digital workflow […]
Align Technology claims win in ClearCorrect patent spat
Align Technology (NSDQ:ALGN) said today that the US Patent and Trademark Office confirmed 3 patents that had been challenged by competitor and regular legal rival ClearCorrect. The confirmed patents were related to transparent dental aligners, San Jose, Calif.-based Align Tech said, and include 2 which the company is asserting in its patent infringement suit against ClearCorrect. […]
Align files U.K. patent suit against ClearCorrect
Align Technology (NSDQ:ALGN) said yesterday it filed a patent infringement suit against ClearCorrect and Your Smile Direct in the UK, claiming the companies infringe patents related to its transparent dental aligners. In the new suit, San Jose, Calif.-based Align Technology asserts that ClearCorrect infringes on 4 Align patnets by marketing, importing and selling ClearCorrect’s clear aligners. […]
Align Tech shares trend up despite Q4, FY2016 misses
Shares in Align Technology (NSDQ:ALGN) have risen in after hours trading today despite the dental-focused medical device company narrowly missing expectations on Wall Street with its 4th quarter and fiscal year 2016 earnings results. The San Jose, Calif.-based company posted profits of $47.6 million, or 59¢ per share, on sales of $293.2 million for the 3 […]
OrthoAccel raises $5m
OrthoAccel Technologies has raised $5 million in a new offering of equity and warrants, according to an SEC filing posted this week. Money in the round came from 6 anonymous sources, and the company has not yet stated how it plans to use funds raised in the round. OrthoAccel is seeking an additional $13.2 million […]
Bovie Medical inks distro deal for PlazXact Ablator
Bovie Medical (NYSE:BVX) said today it inked a global sales channel partnership deal with ConMed (NSDQ:CNMD) for its PlazXact Ablator. As part of the deal, Utica, N.Y.-based ConMed’s PlazXact Ablator will be marketed as the UltrAblator Bipolar series, effective March 2017, according to Bovie Medical. “Partnering with a company of ConMed’s reputation builds on Bovie’s strategy to scale […]
Align Technology pays $44 million for new Santa Clara property
Align Technology (NSDQ:ALGN) said last week it paid $44 million to pick up new properties in Santa Clara, Calif. The company said it already delivered $1 million in an escrow payment, but has not yet announced how the property will be used or developed. San Jose, Calif.-based Align Technology has until January 6 to terminate the […]