Align Won't Renew Pact With Startup SmileDirectClub
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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 July that the relationship “has not worked out as expected” and that it anticipated not renewing the agreement.