Align Technology (NSDQ:ALGN) has filed a suit against competitor Strauss Diamond Instruments, a subsidiary of Israel-based Strauss & Co, claiming that Strauss’s MagicSleeve product infringes upon Align’s own iTero Element sleeves, and that the company has engaged in “false and misleading advertising” of the product. The suit was filed in the US District Court for the […]
U Penn trial regrows dental pulp from baby tooth stem cells
Data from recent clinical trial out of the University of Pennsylvania suggest that the use of stem cells from a patient’s baby teeth could be used to help regrow dental pulp tissue. Results from the trial, which was conducted in China, were published in the journal Science Translational Medicine. In the trial, 40 children were […]
Seikowave Dental raises $1m
Seikowave Dental has raised $1.2 million in a new round of equity financing, according to a recently posted SEC filing. Money in the round came from 19 anonymous investors, with the first sale noted on June 27, according to the filing. Seikowave Dental is reportedly developing a dental 3D imaging platform intended to for intra-oral […]
Appeals court: Patent board erred in Align Technology decision
A federal appeals court yesterday found that a U.S. patent board erred when it invalidated portions of a patent covering the Align Technology (NSDQ:ALGN) Invisalign orthodontic device. After an inter partes review instigated by longtime rival ClearCorrect, the Patent Trial & Appeals Board found that four claims in the patent were invalid for obviousness. The PTAB ruling […]
Danaher to spin out dental biz
Danaher (NYSE:DHR) said late last month it plans to spin off its dental business into an independent, publicly-traded company. The Washington D.C.-based company said that the transaction is intended to be tax-free to Danaher shareholders, and expected to close in the second half of next year. “This is an important step towards realizing even greater […]
Layoffs likely ahead at Henry Schein in latest move
Henry Schein (NSDQ:HSIC) said yesterday that it’s planning more changes for its business after announcing the spinout of its animal health business and a joint venture for its dental software operation earlier this year. In a terse regulatory filing yesterday, Melville, N.Y.-based Schein said it’s “committed to an initiative to rationalize its operations and provide […]
Henry Schein, Internet Brands form dental-software focused JV Henry Schein One
Henry Schein (NSDQ:HSIC) said yesterday that it and Internet Brands formed joint venture Henry Schein One, which aims to produce integrated dental technology focused on improving practice management, marketing and patient communication. The deal was originally announced on April 3, Melville, N.Y.-based Henry Schein said, and financial terms of the agreement have not been disclosed. “With […]
3Shape files patent infringement suit against Align Tech
3Shape today announced it filed a patent infringement suit against Align Technology (NSDQ:ALGN) and its ITero intraoral scanner. The suit, filed in the US District Court for the District of Delaware, claims that the ITero scanner infringes on a patent owned by 3Shape, and seeks monetary damages and injunctive relief against further infringement. “3Shape TRIOS has […]
Align Tech shares rise on Street-beating Q1, iTero CFDA win, product launches
Shares in Align Technology (NSDQ:ALGN) rose today after the dental-focused device maker posted Street-beating Q1 earnings alongside a number of other updates, including a clearance from China’s FDA, an update on a legal spat with SmileDirectClub and multiple product launches. The San Jose, Calif.-based company posted profits of $95.9 million, or $1.17 per share, on sales of […]
7 medtech stories we missed this week: March 2, 2018
From InspireMD’s new distribution deals to Kelynium’s distribution deal with a mystery partner, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. InspireMD inks distribution deals in Greece, Caribbean InspireMD announced in a March 1 press release that it has signed exclusive distribution agreements with T-Vascular IKE Medical Supplies […]
Dentsply Sirona ousts interim COO, beats with Q4 results
Dentsply Sirona (NSDQ:XRAY) yesterday ousted interim COO Bob Size and reported fourth-quarter and 2017 results that beat the consensus expectation for both sales and earnings. Size was appointed last October, when the dental devices giant cleared the deck, ousting its chairman, CEO and COO (former Cardinal Health (NYSE:CAH) exec Donald Casey Jr. was hired as chief executive last […]
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