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 […]
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Align Tech picks up Brazilian distributor
Align Technology (NSDQ:ALGN) said today it picked up its Brazilian distributor Align Tech Do Brasil LTDA. The San Jose, Calif.-based company said the acquisition will allow it to more directly focus on its operations in Brazil, and that as part of the acquisition, it also picked up a small team of employees who will be based […]
7 medtech stories we missed this week: Feb. 24, 2017
Several companies made distribution deals this week, while others received approval for their products. Here are 7 medtech stories we missed this week but were still worth mentioning. 1. Israel OKs E-Qure’s BST device for chronic wounds E-Qure Corp. announced this week that it received marketing approval for its Bio-electrical Signal Therapy Device (BST Device) from […]
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 […]
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 […]
ITC bows out of Align complaint against ClearCorrect, battle to play out in court
The U.S. International Trade Commission last week declined to fight for its authority to regulate data, leaving the battle between Align Technology‘s (NSDQ:ALGN) and ClearCorrect to play out in patent infringement litigation. Both Align and the ITC had until August 26 to appeal a ruling made in November which found that the ITC does not […]
Align Tech releases street-beating Q2, announces deal with SmileDirectClub
Align Technology (NSDQ:ALGN) yesterday released its 2nd quarter earnings, handily beating the street on revenue and earnings per share and announcing a new agreement with SmileDirectClub. The reported profits of $50.1 million, or 62¢ per share, on sales of $269.4 million for the 3 months ended June 30. That amounts to a significant 60% bottom-line gain […]
Appeals court declines en banc hearing in Align Tech-ClearCorrect spat
Align Technology‘s (NSDQ:ALGN) plea for an en banc rehearing of a case against ClearCorrect over clear orthodontic liners was denied by the U.S. Court of Appeals for the Federal Circuit. While ClearCorrect celebrated the ruling as a victory supporting the compliance of its clear aligner product with legal standards, Align Technologies said the decision was […]