YOKNEAM, Israel, Oct. 13,
2023 /PRNewswire/ -- InMode
Ltd. (Nasdaq: INMD), a leading global
provider of innovative medical technologies, announced that it
filed a patent infringement complaint in the United States District Court for the
Central District of California
alleging that BTL Industries' UltraFemme 360 and EmFemme 360
non-invasive, radio-frequency based feminine rejuvenation products
infringe U.S. Patent No. 8,961,511.
"As a pioneer in devices for women's health and wellness, InMode
has committed significant research and development resources to the
development of minimally invasive RF technologies," InMode's Chief
Technology Officer, Dr. Michael
Kreindel, commented. "In addition, InMode has acquired
cutting edge technology to complement its own developments. Those
efforts and investments have led to an ever-expanding intellectual
property portfolio, a fundamental component of the Management
Team's strategic plan to grow shareholder value. When other
companies use our technology without permission, we will take swift
action to vigorously protect our valuable IP."
About InMode
InMode is a leading global provider of innovative medical
technologies. InMode develops, manufactures, and markets devices
harnessing novel radiofrequency ("RF") technology. InMode strives
to enable new emerging surgical procedures as well as improve
existing treatments. InMode has leveraged its medically accepted
minimally invasive RF technologies to offer a comprehensive line of
products across several categories for plastic surgery, gynecology,
dermatology, otolaryngology, and ophthalmology. For more
information about InMode and its wide array of medical
technologies, visit www.inmodemd.com.
Forward-Looking Statements
The information in this press release includes forward-looking
statements within the meaning of the federal securities laws. These
statements generally relate to future events or InMode's future
financial or operating performance, including the future
performance described above under the heading titled "2023
Financial Outlook." Actual outcomes and results may differ
materially from what is expressed or forecast in such
forward-looking statements. In some cases, you can identify these
statements because they contain words such as "anticipate,"
"believe," "estimate," "expect," "intend," "may," "plan,"
"predict," "project," "will," "would" and similar expressions that
concern our expectations, strategic plans or intentions.
Forward-looking statements are based on management's current
expectations and assumptions, and are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict, including with respect to the impact of the
COVID-19 global outbreak. Consequently, actual results could differ
materially from those indicated in these forward-looking
statements. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary
statements included in InMode's Annual Report on Form 20-F filed
with the Securities and Exchange Commission on February 14, 2023, as well as risk factors
relating to the COVID-19 global outbreak and our future public
filings. InMode undertakes no obligation and does not intend to
update these forward-looking statements to reflect events or
circumstances occurring after this press release. You are cautioned
not to place undue reliance on these forward-looking statements,
which pertain only as of the date of this press release.
|
Investor Relations
Contact:
Miri Segal
MS-IR LLC
Phone: (917)
607-8654
Email: ir@inmodemd.com
|
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SOURCE InMode Ltd.