DENTSPLY International Inc. Sues Moyco Technologies Inc. for Patent Infringement of Nickel Titanium Endodontic Instruments.YORK, Pa.--(BUSINESS WIRE)--April 22, 1998--DENTSPLY International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : XRAY) Wednesday announced that it has filed suit in U.S. District Court in the Middle District of Pennsylvania against Moyco Technologies Inc. of Montgomeryville, Pa. for patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. . DENTSPLY maintains that Moyco has willfully willfully adv. referring to doing something intentionally, purposefully and stubbornly. Examples: "He drove the car willfully into the crowd on the sidewalk." "She willfully left the dangerous substances on the property." (See: willful) and deliberately infringed U.S. Patent 5,628,674 in its manufacture and sale of endodontic Endodontic Pertaining to the inside structures of the tooth, including the dental pulp and tooth root, and the periapical tissue surrounding the root. Mentioned in: Root Canal Treatment endodontic instruments marketed under various trade names. The suit seeks a permanent injunction permanent injunction n. a final order of a court that a person or entity refrain from certain activities permanently or take certain actions (usually to correct a nuisance) until completed. , damages, including lost profits and treble damages, and restitution for court costs and legal fees. DENTSPLY's patent specifically protects its market-leading ProFile(R) endodontic products which are sold by Tulsa Dental Products, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of DENTSPLY. This state-of-the-art line of endodontic instruments, both hand and engine driven, features nickel titanium, .04 and other non-standard tapers as well as standard tapers and various patented flute designs. Tulsa Dental is a recognized innovator in the development of endodontic materials and instruments, including the well-regarded Thermafil(R) endodontic product line. Commenting on the action, John C. Miles II, vice chairman and chief executive officer, said, "DENTSPLY has successfully defended its endodontic patents against infringement as recently as 1997. We will continue to vigorntal prosthetics, endodontic instruments and materials, impression materials, prophylaxis paste, dental sealequipment, dental handpieces, intraoral cameras The company distributes its dental products in over 100 countries under some of the most well-established brand names in the industry. DENTSPLY is committed to the development of innovative, high quality, cost-effective new products for the dental market. CONTACT: DENTSPLY International Inc., York Brian M. Addison, vice president and general counsel 717/849-4363 |
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