ZimVie (Nasdaq:ZIMV) announced today that it launched the T3 Pro tapered implant and Encode emergence healing abutment. Westminster, Colorado-based ZimVie designed the T3 Pro to deliver high primary stability and immediate function with a hybrid surface featuring its proprietary Osseotite surface on the implant collar, superimposed on the grit-blasted implant body. T3 Pro represents the […]
Dental
Henry Schein to acquire Condor Dental
Henry Schein (Nasdaq:HSIC) announced today that it signed a definitive agreement to acquire Condor Dental Research Company. Vouvry, Switzerland-based Condor Dental, a privately held dental distribution company, serves dental general practitioners, specialists and laboratories. Melville, New York-based Henry Schein has served the Swiss dental implant market through Camlog Biotechnologies GmbH, a member of the Global […]
Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. […]
Steris rises on Street-beating Q4, sets fiscal 2023 guidance
Steris (NYSE:STE) shares ticked up today on fourth-quarter financial results that came in just ahead of the consensus forecast. The infection prevention technology company — headquartered in Dublin, Ireland and run operationally out of Mentor, Ohio — posted profits of $52.3 million, or 52¢ per share, on sales of $1.2 billion for the three months ended […]
SmileDirectClub shares slide on mixed-bag Q1 results
SmileDirectClub (NSDQ:SDC) this week posted first-quarter results that beat the revenue consensus on Wall Street and missed earnings estimates. The Nashville, Tennessee-based dental aligner maker reported losses of $73.2 million, or -19¢ per share, on sales of $151.6 million for the three months ended March 31, on sales loss of 23.97% compared with Q1 2021. […]
Envista rises on Street-beating Q1 results
Envista (NYSE:NVST) shares are on the rise on first-quarter results that came in ahead of the consensus forecast. The Brea, California-based dental technology company posted profits of $74.9 million, or 42¢ per share, on sales of $631.4 million for the three months ended April 1, 2022, for a 4.5% bottom-line gain on sales growth of […]
Henry Schein posts Street-beating Q1 results
Henry Schein (Nasdaq:HSIC) today posted first-quarter results that beat the overall consensus forecast on Wall Street. The Mellville, N.Y.-based dental supplier reported profits of $181 million, or $1.30 per share, on sales of $3.2 billion, for the three months ended March 26, for a bottom-line gain of 9% on sales growth of 8.7% compared with […]
Align Technology stock up on $200M buyback
Align Technology (NSDQ:ALGN) today announced that it entered a new accelerated stock repurchase agreement worth up to $200 million. Tempe, Arizona-based Align may repurchase $200 million of common stock under the $1 billion stock repurchase program announced in May last year. CEO Joe Hogan intends to purchase $2 million of Align’s common stock as well. […]
Dentsply Sirona sacks its CEO
Dentsply Sirona (Nasdaq: XRAY) announced today that it has fired CEO Don Casey, who has held the corner office at the dental products and technologies company since 2018. XRAY shares were down more than 13% to $42.20 apiece by today’s close of trading. Board member John Groetelaars, who was CEO of Hillrom until its acquisition […]
Dentsply CFO Jorge Gomez leaves to assume same role at Moderna
Moderna (Nasdaq:MRNA) announced today that it appointed Jorge Gomez as its new chief financial officer. Gomez resigned as CFO of Dentsply Sirona (Nasdaq:XRAY), effective May 6, to assume the same role at Cambridge, Massachusetts-based Moderna. He will join effective May 9. Dentsply Sirona said in a news release that it is initiating a search process […]
Henry Schein announces chief administrative officer retirement, names COO
Henry Schein (Nasdaq:HSIC) today announced that chief administrative officer Gerald Benjamin is retiring and the company promoted Michael Ettinger to chief operating officer. Benjamin’s retirement will take effect on July 1 after 34 years with the Mellville, N.Y.-based company. Meanwhile, Ettinger will be promoted to EVP and COO, effective July 1, and will report directly […]