Neocis announced today that it filed for FDA 510(k) clearance for its Yomi edentulous splint to aid its dental robotic surgical system. The Miami-based company’s new splint is designed to enable the Yomi dental robotic system to go beyond placing implants for partially edentulous patients, with new capabilities for assisting doctors with full arch implant […]
CMS recommends postponing most elective procedures
The Centers for Medicare and Medicaid Services (CMS) released guidance late yesterday asking healthcare providers to postpone adult elective surgeries and procedures, including dental procedures, until further notice. The move is an attempt to preserve the supply of ventilators and personal protective equipment such as masks and gowns while protecting patients and staff from exposure […]
JLL Ventures joins biomed veteran in $100m launch of Renovo Health
JLL Partners announced that it entered into a partnership with Bart Doedens to form Renovo Health, committing $100 million to build the materials technology company. Renovo Health is set up to buy, build and develop materials technologies to improve efficacy across medical and dental procedures with an opportunity for near-term expansion, according to a news […]
Align Technology to acquire software maker Exocad
Align Technology (NSDQ:ALGN) announced it has agreed to acquire dental software company Exocad (Darmstadt, Germany) for approximately $420 million in cash. The move will add Exocad’s experience in restorative dentistry, implantology, guided surgery and design to Align’s technology portfolio, which includes Invisalign clear-aligner orthodontic and iTero digital solutions. Exocad will also bring nearly 200 digital dentistry […]
Dentsply Sirona beats Street on 4Q sales, misses on earnings
Dentsply Sirona (NSDQ:XRAY) shares took a marginal dip today on fourth-quarter results that had mixed results compared to the consensus forecast. The York, Pa.–based dental equipment maker posted profits of $102 million, or 46¢ per share, on sales of $1.1 billion for the three months ended Dec. 31, 2019, for a monstrous bottom-line gain from […]
Cantel Medical appoints chief growth officer
Cantel Medical (NYSE:CMD) today said it appointed Seth Yellin as executive VP and chief growth officer. In the newly created role, Yellin will be responsible for identifying and supporting both organic and inorganic initiatives to drive the company’s growth objectives. He will lead the development of the overall corporate strategy, as well as Cantel Medical’s acquisition […]
Smile Direct Club aligners now available in-office; stock soars
SmileDirectClub (NSDQ:SDC) shares skyrocketed following the announcement that its clear aligners are set to be offered through the wholesale channel in dentist and orthodontist offices. The Nashville, Tenn.-based company’s announcement follows the Dec. 31, 2019, expiration of its exclusive supply agreement with Align Technology (NSDQ:ALGN). After yesterday’s announcement, shares of SDC are up 16.24% at $13.60 per […]
Neocis’ Yomi robotic system used in over 1,000 dental implants in 2019
Neocis announced that its Yomi robotics system performed over 1,000 dental implants over the course of 2019. The Yomi is a computerized navigational system designed to assist in both pre and intra-operative phases of dental implantation surgery, the Miami, Fla.-based company said. The system uses haptic robotic technology, which constrains the drill’s position, orientation and […]
Danaher completes spinoff of dental business into Envista
Danaher (NYSE:DHR) today announced the completion of split-off exchange offer of all the shares of the common stock belonging to its dental business spinout Envista (NYSE:NVST). The Envista common stock held by Danaher is slated to be exchanged for shares of Danaher’s common stock. Danaher accepted an aggregate of more than 22.9 million shares of Danaher common […]
Biolase lands 510(k) for dental hygiene laser
Biolase (NSDQ:BIOL) this week announced it has received FDA 510(k) clearance for its Epic Hygiene dental laser. The laser system allows dental hygienists to manage non-surgical periodontitis and increase clinical production. It offers a step-by-step clinical protocol with pocket therapy and perio debridement for easy implementation. “We were thrilled to announce the launch of the Epic […]
Danaher lists offering of Envista stock
Danaher (NYSE:DHR) initiated an offer to exchange nearly 130 million shares of common stock of its dental business spinout Envista (NYSE:NVST). In the exchange of up to an aggregate of 127,868,000 shares of Envista stock, which is listed at $27.70 per share in midday trading today, for each $100 of Danaher common stock accepted, approximately $107.53 of […]
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