According to MedicalNewsToday.com, a countersuit has been filed by BIOLASE Technology (CA) against National Laser Technology (IN). BIOLASE CEO Jake St. Philip says the issues are patient safely, fairness, and promoting products in a truthful way. In the initial lawsuit filed in August, NLT accused BIOLASE of monopolizing the hard tissue dental laser market and prompting dentists to purchase their company’s lasers over NLT’s.
BIOLASE has an 85% share of the market. An article at Marketwatch.com reports that NLT is accusing BIOLASE of refusing to sell laser products required for use of NLT refurbished BIOLASE lasers. NLT also claims that BIOLASE will not provide trainers to NLT customers and that the company has misled buyers in regards to NLT products. This, according to NLT, is an effort by BIOLASE to put NLT out of business. The CEO of NLT, Alan Miller, said that BIOLASE’s actions have harmed NLT and NLT customers.
BIOLASE claims that NLT violated the Federal Food, Drug, and Cosmetic Act by reselling modified BIOLASE products without complying with regulations. The modifications, according to BIOLASE, put patients and dentists at risk. St. Philips says that NLT is not associated with BIOLASE and is not an authorized reseller of the company’s products.
SOURCE:
Medical News Today: http://www.medicalnewstoday.com/articles/121499.php
Marketwatch:
Case: National Laser Technology, Inc. v. Biolase Technology, Inc., 08-cv-1123, (S.D. Ind. Aug. 20, 2008).