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ALGN Align Technology Inc

275.4036
1.84 (0.67%)
Pre Market
Last Updated: 14:28:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
Align Technology Inc NASDAQ:ALGN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.84 0.67% 275.4036 274.20 278.00 364 14:28:53

ITC Institutes Section 337 Investigation Based on Align Technology Claims of Scanner Related 3Shape Patent Infringement

04/03/2019 1:30pm

GlobeNewswire Inc.


Align Technology (NASDAQ:ALGN)
Historical Stock Chart


From May 2019 to May 2024

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Align Technology, Inc. (NASDAQ: ALGN) announced today that on February 27, 2019 the United States International Trade Commission (ITC) voted to institute a third investigation (Inv. No. 337-TA-1144) of alleged patent infringement by 3Shape A/S and 3Shape Trios A/s, of Copenhagen, Denmark and 3Shape Inc. of Warren N.J. (collectively "3Shape.") The ITC's decision is based on a formal complaint filed by Align on December 10, 2018 in which Align asserts that 3Shape violates U.S. trade laws through unfair competition by selling for importation and importing the infringing scanners and related software.  Align's complaint requests the ITC institute an immediate investigation and ultimately issue cease and desist orders and an exclusion order prohibiting the importation into the U.S. of 3Shape's infringing products if the Commission determines that 3Shape has infringed even one of the multiple patent claims included in Align's complaint. Within the next two months, an administrative law judge will be assigned and the assigned administrative law judge will set a target date for completion of the investigation.

About Align Technology, Inc.Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, and iTero® intraoral scanners and services. Align's products help dental professionals achieve the clinical results they expect and deliver effective, cutting-edge dental options to their patients. 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.

Align TechnologyMadelyn Homick(408) 470-1180    mhomick@aligntech.com 

Zeno Group      Sarah Johnson(828) 551-4201sarah.johnson@zenogroup.com

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