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UPDATE 1-German court bans Nobel from offering NobelGuide

Thu Aug 16, 2007 12:00pm EDT
 
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ZURICH, Aug 16 (Reuters) - Belgium's Materialise Dental said on Thursday the District Court in Duesseldorf had banned Swiss-Swedish dental implant maker Nobel Biocare NOBE.VX from offering its NobelGuide product in Germany.

Materialise, which is active in computer-guided implantology, said the court had ruled Nobel Biocare was infringing a Materialise patent.

"Materialise...may decide to provisionally enforce this judgment which would stop Nobel Biocare from offering its 'NobelGuide' drilling templates in their current form in Germany," Materialise said in a statement.

Nobel Biocare said it would appeal the decision.

"Nobel Biocare, together with its lawyers, represents the view that no relevant claims of the Materialise's patent had been infringed," a spokesman for Nobel Biocare said.

Nobel Biocare shares, in which trade was temporarily stopped after the news, closed down 7.65 percent at 302.00 Swiss francs, underperforming an overall weaker Swiss market .SSMI.

"This is bad news, but it only affects one of many products at Nobel Biocare. From this point of view, the significant drop in Nobel shares seems over the top," said Vontobel analyst Christoph Gubler.   Continued...

 

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