Federal Circuit Sides with Align Technology, Reverses ITC Decision

The Federal Circuit sided with Align Technology, reversing the determination issued by the ITC that terminated Align’s Contract Case against ClearCorrect’s former OrthoClear employees for violation of a 2006 Consent Order. A separate 2014 Cease and Desist order was not impacted.

GE Capital Increases Credit Facility for OraMetrix

The transaction allows OraMetrix to refinance a previous $7.5 million multi-draw senior secured term loan facility and provides the company with an additional $2.5 million. The funds will be used for working capital and growth initiatives.