U.S. District Court for Northern District of California Grants Summary Judgment in Favor of Align Technology in Two Antitrust Class Action Lawsuits
2024年2月23日 - 12:17AM
ビジネスワイヤ(英語)
Align Technology, Inc. (Nasdaq: ALGN), a leading global medical
device company that designs, manufactures, and sells the
Invisalign® system of clear aligners, iTero™ intraoral scanners,
and exocad™ CAD/CAM software for digital orthodontics and
restorative dentistry, today announced that on Wednesday, February
21, 2024, the U.S. District Court for the Northern District of
California granted summary judgment in favor of Align Technology,
Inc. in two U.S. antitrust class action lawsuits (Simon &
Simon, PC et al. v. Align Technology, Inc. and Snow et al. v. Align
Technology, Inc.), filed initially in 2020 and 2021, respectively.
These lawsuits challenged Align’s decision to end scan acceptance
in the U.S. from a third-party scanner that was infringing Align’s
intellectual property.
“We are pleased that the Court has ruled in favor of Align in
these two antitrust class actions,” said Joe Hogan, president and
CEO of Align Technology. “Our teams are constantly innovating to
create products and services that delight users with the best clear
aligner and scanner technology in the world. We invest more than
$300 million annually in research and development to deliver
world-class products that doctors and their patients trust to
create better smiles, and we are proud of our efforts to move an
analog industry to a state of the art digital one.”
"At Align, our teams are constantly striving to create products
and services that exceed our customers' expectations and push the
boundaries of what the industry expects,” said Julie Coletti, Align
executive vice president, chief legal and regulatory officer.
“These lawsuits challenged Align's ability to enforce its
intellectual property rights in technology that benefits our
customers and that our customers rely on. The outcome validates our
commitment to innovate in digital dentistry and our desire for a
robust and competitive clear aligner and scanner market. We
appreciate the Court’s careful consideration of these cases and
will continue to develop solutions for our customers and their
patients. While this decision resolves most of the claims in the
two cases, Align continues to vigorously defend itself against
other unrelated claims in another antitrust case that has not yet
reached the summary judgment phase."
About Align Technology,
Inc.
Align Technology designs and manufactures the Invisalign®
system, the most advanced clear aligner system in the world, iTero™
intraoral scanners and services, and exocad™ CAD/CAM software.
These technology building blocks enable enhanced digital
orthodontic and restorative workflows to improve patient outcomes
and practice efficiencies for over 256 thousand doctor customers
and are key to accessing Align’s 600 million consumer market
opportunity worldwide. Over the past 26 years, Align has helped
doctors treat approximately 17 million patients with the Invisalign
system and is driving the evolution in digital dentistry through
the Align Digital Platform™, our integrated suite of unique,
proprietary technologies and services delivered as a seamless,
end-to-end solution for patients and consumers, orthodontists and
GP dentists, and lab/partners. Visit www.aligntech.com for more
information.
For additional information about the Invisalign system or to
find an Invisalign doctor in your area, please visit
www.invisalign.com. For additional information about the iTero
digital scanning system, please visit www.itero.com. For additional
information about exocad dental CAD/CAM offerings and a list of
exocad reseller partners, please visit www.exocad.com.
Invisalign, iTero, exocad, Align, and Align Digital Platform are
trademarks of Align Technology, Inc.
Forward-Looking
Statements
This news release contains forward-looking statements, including
statements regarding Align's belief that the claims in the cases
have been finally resolved, its intentions regarding the pending
claims of the outstanding lawsuits and Align’s expectations about
future innovation. The foregoing and other risks are detailed from
time to time in our periodic reports filed with the Securities and
Exchange Commission, including, but not limited to, our Annual
Report on Form 10-K for the year ended December 31, 2022, which was
filed with the Securities and Exchange Commission ("SEC") on
February 27, 2023 and our latest Quarterly Report on Form 10-Q for
the quarter ended September 30, 2023, which was filed with the SEC
on November 3, 2023. Align undertakes no obligation to revise or
update publicly any forward-looking statements for any reason.
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version on businesswire.com: https://www.businesswire.com/news/home/20240222626066/en/
Align Technology Madelyn Valente
(909) 833-5839 mvalente@aligntech.com
Zeno Group Sarah Johnson (828)
551-4201 sarah.johnson@zenogroup.com
Align Technology (NASDAQ:ALGN)
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Align Technology (NASDAQ:ALGN)
過去 株価チャート
から 12 2023 まで 12 2024