A local maker of oral care products has reached a settlement with Procter & Gamble after being sued last year for patent infringement.
Grand Rapids-based Ranir said this week it reached the settlement with Cincinnati-based P&G after the latter filed suit against Ranir on March 20, 2017 for allegedly infringing two patents related to tooth-whitening strip technology.
The lawsuit alleged Ranir’s private label tooth-whitening strips — for sale under various Walmart and Kroger brands — infringed on existing P&G patents related to its Crest Whitestrips brand.
P&G sought injunctive and monetary relief, according to a previous report by the Business Journal.
Although the specific terms of the settlement are confidential, Ranir said the agreement resolves “all known patent disputes between P&G and Ranir in the U.S. and in Canada regarding tooth-whitening strip products.”
Ranir agreed to certain confidential commercial terms in exchange for rights to P&G patents that allow Ranir to “remain in the tooth-whitening strip market.”
“P&G and Ranir have worked together to negotiate a mutually agreeable resolution to the underlying dispute, as well as new disputes related to P&G’s significant patent portfolio that includes broad patent coverage of tooth-whitening strips for years to come,” Ranir said.
P&G described the outcome as “successful.”
“This resolution is yet another instance of P&G’s successful enforcement of the intellectual property that protects its trusted Crest Whitestrips brand,” P&G said. “P&G will continue to protect and enforce its intellectual property.”
Founded in 1979, Ranir is a global manufacturer of private-label and branded consumer oral care products, including power and manual toothbrushes, teeth whiteners, dental floss and flossers.
The private company employs more than 750 people.
Its products can be found at major retailers in more than 40 countries.
Procter & Gamble
Founded in 1837, Procter & Gamble Company (NYSE: PG) is a multi-national consumer goods corporation.
Its brands include Always, Bounty, Charmin, Crest, Dawn, Downy, Febreze, Gain, Gillette, Head & Shoulders, Olay, Oral-B, Pampers, Pantene, Tide, Vicks and more.
P&G has operations in 70 countries worldwide.
It had net sales of $65.1 billion in 2017.