Alpha Modus Sues Walgreens for Alleged Patent Infringement-March 2024-www.financetom.com

Alpha Modus Sues Walgreens for Alleged Patent Infringement

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Alpha Modus Sues Walgreens for Alleged Patent Infringement

Feb 4, 2025 5:54 AM

08:41 AM EST, 02/04/2025 (MT Newswires) -- Alpha Modus Holdings ( AMOD ) said Tuesday it filed a patent infringement lawsuit against Walgreens Boots Alliance's ( WBA ) pharmacy store chain Walgreens in the US District Court for the Eastern District of Texas, alleging infringement of its retail technology.

The company said the lawsuit claims Walgreens' in-store digital smart screens use technology covered by Alpha Modus's ( AMOD ) patents, including artificial intelligence tools that support in-store shopping with data insights and interactive advertising.

Walgreens did not immediately respond to MT Newswires' request for comment.

Shares of Alpha Modus ( AMOD ) were up more than 30% in recent Tuesday premarket activity while Walgreens Boots was 0.3% lower.

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