Why SmileDirectClub Stock Is Soaring Today [The Motley Fool]
SmileDirectClub, Inc. (SDC)
Last smiledirectclub, inc. earnings: 2/25 04:03 pm
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Source: The Motley Fool
Keith Speights(TMFFishBiz)Author BioKeith began writing for the Fool in 0 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.Follow @keithspeightsWhat happenedShares ofSmileDirectClubNASDAQ:SDCSo whatThe company's new patent should prevent any rival from copying SmileDirectClub's SmileShop model for the next 8 years. This model includes appointment scheduling and confirmation, conducting an intraoral scan at the retail location, creating a treatment plan for using clear aligners, obtaining treatment plan approval from a dental professional, manufacturing the aligners, and shipping the aligners to the customer.Image source: SmileDirectClub.But while SDC really played up its patent victory, the company's plan to reopen its SmileShop stores appears to have been an even bigger catalyst for thehealthcare stockAlign Tech
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