GRAND RAPIDS, Mich., March 13, 2018 /PRNewswire/ -- Ranir, LLC today announced that a resolution has been reached between P&G and Ranir regarding P&G patent rights and Ranir's tooth whitening strip products. P&G is the owner or licensee of many patents relating to tooth whitening strip technology.
On March 20, 2017, P&G filed a patent infringement lawsuit against Ranir, asserting infringement of U.S. Patent Nos. 5,891,453 and 5,894,017 with respect to certain Ranir tooth whitening strip products. 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. Although the specific terms of the settlement are confidential, the agreement resolves all known patent disputes between P&G and Ranir in the U.S. and in Canada regarding tooth whitening strip products. As part of the settlement agreement, 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.
Ranir is a leading global manufacturer of store brand private label consumer oral care products, including power and manual toothbrushes, teeth whiteners, dental floss and flossers. Founded in 1979, Grand Rapids, Michigan-based Ranir serves retail customers globally and is committed to delivering affordable, healthy smiles in millions of households every day. Its products, which include some of the world's largest oral care store brands, can be found at major retailers in more than 40 countries. The consumer and customer insight driven research and development-focused company also owns, manufactures and markets the Plackers® and REMBRANDT® brands and proudly employs more than 750 associates worldwide. For more information, visit www.ranir.com.
SOURCE Ranir, LLC