Align Won't Renew Pact With Startup SmileDirectClub

Align Technology Inc. said it has not changed its plans to walk away from a supply agreement with orthodontics startup SmileDirectClub when their pact expires in 2019.
Align, which holds a 19 percent equity stake in SmileDirectClub, said in JulyBloomberg Terminal that the relationship “has not worked out as expected” and that it anticipated not renewing the agreement.
ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9coSMamdmamZkrq21xqdkrJmpqHqqwIywpqdlpGK%2FprrEsGSpmZOperi106FkrKyRp8G2vIyspKKklZm2s7HCrZqlrZI%3D
Tobi Tarwater
Update: 2024-08-05