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Stock impact report

Align Technology to Discontinue Acceptance of Digital Scan Submissions From 3Shape TRIOS Scanners in the United States

Align Technology, Inc. (ALGN) 
Last align technology, inc. earnings: 4/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.aligntech.com/investor-relations
Company Research Source: Marketwire
SAN JOSE, CA -- (Marketwired) -- 12/20/17 -- Align Technology, Inc. (NASDAQ: ALGN) announced today that due to 3Shape's infringing conduct and the resulting litigation against Shape A/S of Copenhagen, Denmark and 3Shape Inc. of Warren N.J. (collectively "3Shape."), the company terminated its Invisalign interoperability contract with 3Shape and will no longer be able to accept digital scans for new Invisalign treatment and/or retention cases from TRIOS scanners in the United States, effective January 31*, 2018. Doctors who need to submit additional TRIOS scans for an existing Invisalign case (for refinement or additional aligners) will still be able to do so. Because the current lawsuits involve only U.S. patents, this litigation does not affect non-U.S. Invisalign customers. As a result, we will continue to accept digital scans for new Invisalign treatment and/or retention cases from TRIOS scanners outside of the U.S. "We understand that the termination of interoperability Show less Read more
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