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Biotechnology Business
National Laser Technology, Inc. Files Federal Lawsuit Against Biolase Technology, Inc. for Anticompetitive Actions
September 6th, 2008
An Indianapolis-based company that refurbishes and sells dental lasers to dentists across the country filed a lawsuit today in the U.S. District Court for the Southern District of Indiana against a California company it says is damaging competition and affecting consumers in the hard tissue dental laser market. National Laser Technology, Inc. (NLT) filed the suit against California-based Biolase Technology, Inc. (NASDAQ:BLTI) seeking compensatory and punitive damages. The complaint also requests a preliminary and permanent injunction barring Biolase from engaging in any further anticompetitive conduct, from making false and misleading statements, and from retaliating...
Source: Law & Health Weekly (2008-09-06)
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