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Canada invests in Septodont’s pharma division to combat COVID-19

April 6, 2021 | Business

CAMBRIDGE, Ontario, Canada: Septodont, a global pharmaceutical and medical device company specializing in dental pain management, has announced that its Canada-based pharma division, Novocol Pharma, will receive funding of over C$32 million from the Canadian government. The investment is part of a countrywide initiative to advance vaccines and therapeutics for COVID-19 on a national level.

North American Dental Group and Dentsply Sirona extend and expand partnership

March 18, 2021 | Business | News

CHARLOTTE, N.C., U.S.: Dentsply Sirona and the Pittsburgh-headquartered dental support organization (DSO) North American Dental Group (NADG) have agreed to extend a partnership related to digital imaging solutions. In a press release, Dr. Andrew Matta of NADG said that the new agreement will help the DSO to keep up to speed with the continuing evolution of dental care.

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SmileDirectClub praises growing acceptance of teleorthodontics

March 10, 2021 | Business | News

NASHVILLE, Tenn., U.S.: Orthodontics disruptor SmileDirectClub (SDC) reported small declines in revenue and clear aligner case numbers for the fourth quarter of last year. The company’s chairman and CEO, David Katzman, outlined SDC’s continued global expansion, however, and said that consumers and dentists had shown increased acceptance of its direct-to-consumer tooth straightening business model during the pandemic.

Henry Schein presents view on the future of dentistry

March 4, 2021 | Business

MELVILLE, N.Y., U.S.: During the Chicago Dental Society Midwinter Meeting, which took place online for the first time this year, Henry Schein virtually hosted a global media event on Feb. 25. At its Managing Through Crisis for a Stronger Tomorrow press conference, the company’s leadership presented key lessons from the COVID-19 pandemic and provided a look into the future as dentistry emerges from this world crisis.

Henry Schein named one of World’s Most Admired Companies

February 19, 2021 | Business

NEW YORK, U.S.: Henry Schein has announced that it features on the FORTUNE World’s Most Admired Companies list for 2021. This marks the 20th consecutive year of recognition for the company.

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Vyne Dental releases state of the dental industry report 2021

February 1, 2021 | Business

ATLANTA, U.S.: Vyne Dental, a recognized market leader in health care information exchange and electronic communication management, has announced the results of the Vyne State of the Dental Industry Report 2021. This comprehensive survey of over 400 dental practices in the U.S. sought to understand how they have transformed in 2020 and their perspectives headed into the new year. It considered the impact of 2020, hiring and the economy, technology, industry and overall practice outlook.

BIOLASE and DCA plan to expand laser adoption in dental offices

January 15, 2021 | Business

IRVINE, Calif., U.S.: The dental laser innovator BIOLASE has announced an agreement with Dental Care Alliance (DCA), one of the largest dental support organizations in the U.S. with more than 330 affiliated practices in 20 states. With this joint effort, they aim to expand laser adoption and hands-on training programs in targeted geographical areas.

Dentsply Sirona acquires clear aligner company Byte

January 8, 2021 | Business

CHARLOTTE, N.C./LOS ANGELES, U.S.: Dentsply Sirona and Byte, a rapidly growing clear aligner company, have announced that Dentsply Sirona has acquired Byte in an all-cash deal for $1.04 billion. Byte holds a leading position in the rapidly growing direct-to-consumer dentist-supervised clear aligner market.

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Business acquisition: Young buys Preat

December 3, 2020 | Business

ALGONQUIN, Ill., U.S.: Young Innovations, a global portfolio company that supplies a wide range of dental products, has recently announced the acquisition of Preat Corp., a leading provider of dental implant components, attachments and tools. Since the early 2000s, Young has grown through a series of acquisitions in a variety of dental segments. It has acquired seven organizations to date.

Pent-up demand helps Align Technology top pre-COVID-19 sales

November 6, 2020 | Business | News

SAN JOSE, Calif., U.S.: Half a million cases of clear aligners sounds like a considerable number—and indeed it is. It appeared that Align Technology had shrugged off the impact of the SARS-CoV-2 pandemic when the company revealed that Invisalign sales for the third quarter had nearly eclipsed the half-million mark. This was a substantial increase on the comparable pre-COVID-19 quarter last year. According to President and CEO Joseph M. Hogan, the increase was driven by pent-up demand for orthodontic care and by the availability of unused disposable income.

BIOLASE reports revenue rebound

October 29, 2020 | Business | News

FOOTHILL RANCH, Calif., U.S.: Medical device company BIOLASE expects that its U.S. sales revenue for the third quarter of 2020 will be in line with that of the corresponding pre-COVID-19 period last year. The company’s sales fell sharply in the first half of this year, but its preliminary earnings announcement will bring a degree of optimism as a host of major dental companies prepare to release their third quarter earnings reports in the coming weeks.

Digital orthodontics company raises funds for 3D-printed brackets

October 7, 2020 | Business | News

CAMBRIDGE, Mass., U.S.: LightForce Orthodontics is a digital dentistry platform that provides orthodontists with fully customized 3D-printed tooth-moving tools. Its customizable 3D brackets are the first of their kind on the market, and they are designed to reduce patient visits and treatment duration. The company launched LightForce this year, after five years of research and development, and has now raised $14 million (€12 million) in funding for the further development and commercialization of the system.

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Dental sales at Henry Schein drop by over 40%

August 6, 2020 | Business | News

MELVILLE, N.Y., U.S.: In May, Henry Schein Executive Chairman and CEO Stanley M. Bergman described the SARS-CoV-2 crisis as “one of the most trying moments in modern history.” As the company announced its earnings for the second quarter, the monetary cost to Henry Schein was revealed as significant. Dental sales fell by 41.2% despite a 30.0% increase in sales of personal protective equipment (PPE) to dentists.

Envista says dental markets are recovering

August 6, 2020 | Business

BREA, Calif., U.S.: Dental practices are struggling during the SARS-CoV-2 pandemic and so too are the companies that supply them with equipment and consumables. Envista Holdings cut its operating costs by more than $100 million (€84 million) between April and June and still posted an operating loss of close to $108 million. Staggering drops in earnings are the current reality for Envista and its competitors, but the dental giant said that recovery in dental markets is picking up pace.

IDS 2021: Dentsply Sirona announces its nonparticipation

July 29, 2020 | Business

CHARLOTTE, N.C., U.S./BENSHEIM, Germany: Dentsply Sirona has decided that the company will not attend the International Dental Show (IDS), scheduled to be held from March 9 to 13, 2021, in Cologne, Germany. This also applies to Dentsply Sirona brands VDW, MIS Implants Technologies and Zhermack.

Dentsply Sirona wins summary judgment

June 29, 2020 | Business

CHARLOTTE, N.C., U.S.: Dentsply Sirona, one of the world’s largest manufacturers of professional dental products and technologies, has announced a success in its ongoing infringement case.

Interview: “Grow yourself, grow your team and grow your dental business”

June 3, 2020 | Business | Interviews

Dentists are currently facing uncertain times owing to the ensuing financial impacts of the SARS-CoV-2 virus. But some industry commentators have predicted an even greater emphasis on oral health as a consequence of COVID-19, and some dentists may be in a position to leverage the current uncertainties in the market in order to expand their dental practices or acquire new ones. Dental Tribune International spoke with Jacob Puhl, partner and CEO of the Dentist Entrepreneur Organization (DEO), about the skills and strategies required to build a dental group from the ground up.

SmileDirectClub files lawsuit against NBCUniversal Media

May 21, 2020 | Business

NASHVILLE, Tenn., U.S.: Oral care company and provider of a direct-to-consumer medical technology platform for tooth straightening SmileDirectClub (SDC) has announced that it has filed a lawsuit seeking approximately $2.8 billion from NBCUniversal Media (NBC) and reporter Vicky Nguyen for knowingly and intentionally making factually inaccurate, misleading and defamatory claims about the company on NBC Nightly News.

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