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FDA plans advisory panel on metal implants, dental alloys

September 30, 2019 By Sean Whooley Leave a Comment

The FDA is slated to hold an advisory panel meeting to discuss immunology concerns about metal implants and dental alloys. The Immunology Devices Panel meeting of the Medical Devices Advisory Committee is scheduled for Nov. 13-14 of this year to discuss the use of the materials and assess the adequacy of current approaches and standards […]

Filed Under: Dental, Food & Drug Administration (FDA), Implants, Regulatory/Compliance Tagged With: FDA, FDA advisory panels

Forward Science buys EarAid smart earplugs from Dental Innovations

September 26, 2019 By Sean Whooley Leave a Comment

Forward Science said yesterday that it acquired exclusive rights to earpieces from Dental Innovations for smart earplug technology for dental health providers. The Dental Innovations device, which Forward Science will rebrand as EarAid, is designed to protect dental professionals who are exposed to damaging noise from high-speed handpieces, high-volume suction, ultrasonic instruments, model trimmers and […]

Filed Under: Dental, Mergers & Acquisitions, Otolaryngology/Ear, Nose & Throat (ENT) Tagged With: Dental Innovations, Forward Science

Danaher dental spinout Envista closes $677m IPO

September 23, 2019 By Brad Perriello Leave a Comment

Envista (NYSE:NVST), the dental business spinout from Danaher (NYSE:DHR), last week closed its initial public offering at $677 million, including more than $88 million from the underwriters. Brea, Calif.-based Envista floated nearly 26.8 million shares at $22.00 apiece, grossing $588.9 million, plus more than 4.0 million shares in fully subscribed underwriters option. Net proceeds of about $643.4 million […]

Filed Under: Dental, Featured, Funding Roundup, Initial Public Offering (IPO), Wall Street Beat Tagged With: Envista

Zimmer Biomet, Align Technology ink distribution deal

September 20, 2019 By Sean Whooley Leave a Comment

Zimmer Biomet (NYSE:ZBH) said yesterday that it entered into a multinational distribution deal with Align Technology (NSDQ:ALGN)  for its iTero Element family of intraoral scanners. The companies did not disclose the terms of the agreement, but said the partnership has a goal of delivering multiple digital workflows for dental professionals and laboratories, enabling business-to-business collaboration and offering […]

Filed Under: Business/Financial News, Dental, Distribution, Imaging, Mergers & Acquisitions Tagged With: aligntechnology, Zimmer Biomet

Danaher dental spinout Envista prices $589m IPO

September 18, 2019 By Brad Perriello Leave a Comment

Envista (NYSE:NVST), the dental business spinout from Danaher (NYSE:DHR), yesterday priced its initial public offering at $589 million, sending its overall valuation well above the $3 billion mark. The spinout, announced in July 2018, will unite the Nobel Biocare, KaVo Kerr and Ormco dental brands under the Envista umbrella. The nearly 26.8-million-share flotation, at $22 per share, is for […]

Filed Under: Dental, Featured, Initial Public Offering (IPO), Wall Street Beat Tagged With: Danaher Corp., Envista

Danaher dental spinout Envista preps $600m IPO

September 16, 2019 By Brad Perriello Leave a Comment

The dental business spinout at Danaher (NYSE:DHR), Envista, is gearing up for a $600 million initial public offering this week. The spinout, announced in July 2018, will unite the Nobel Biocare, KaVo Kerr and Ormco dental brands under the Envista umbrella. The newly public company, which employs some 12,000 workers, is headquartered in Brea, Calif. Envista […]

Filed Under: Dental, Featured, Funding Roundup, Initial Public Offering (IPO), Wall Street Beat Tagged With: Danaher Corp., Envista

SmileDirect Club plunges after IPO

September 13, 2019 By Brad Perriello Leave a Comment

Shares in SmileDirectClub (NSDQ:SDC) regained some of their value this morning after closing down some -28% after their public debut yesterday. Nashville, Tenn.-based SmileDirectClub makes 3D-printed clear dental aligners designed to provide an alternative to traditional braces. The company floated 58.5 million shares at $23 apiece in its $1.35 billion initial public offering yesterday, only to […]

Filed Under: Dental, Featured, Funding Roundup, Initial Public Offering (IPO), Wall Street Beat Tagged With: smiledirectclub

SmileDirectClub sets $20.50 per-share midpoint for $1.5B IPO

September 9, 2019 By Sean Whooley Leave a Comment

SmileDirectClub today set the pricing range on an initial public offering that could fetch up to $1.5 billion. Nashville, Tenn.-based SmileDirectClub produces 3D-printed clear dental aligners designed to provide an alternative to traditional braces. It boasts affordable orthodontic solutions, comparing its price of less than $2,000 to the $5,000 to $8,000 charged for traditional braces. […]

Filed Under: Business/Financial News, Dental, Featured, Funding Roundup, News Well, Wall Street Beat Tagged With: aligntechnology, CVS Health, smiledirectclub

SmileDirectClub sets range on $1.5B IPO

September 4, 2019 By Sean Whooley Leave a Comment

SmileDirectClub yesterday set the pricing range on an initial public offering that could fetch up to $1.5 billion. Nashville, Tenn.-based SmileDirectClub produces 3D-printed clear dental aligners designed to provide an alternative to traditional braces. It boasts affordable orthodontic solutions, comparing its price of less than $2,000 to the $5,000 to $8,000 charged for traditional braces. […]

Filed Under: Business/Financial News, Dental, Featured, Funding Roundup, News Well, Wall Street Beat Tagged With: aligntechnology, CVS Health, smiledirectclub

Dentsply Q2 earnings beat the Street, sales slip

August 2, 2019 By Nancy Crotti Leave a Comment

Dentsply Sirona (NSDQ:XRAY) reported second-quarter earnings today that beat the consensus forecast on Wall Street and raised its outlook for the rest of the year. The York, Penn.-based company reported profits of $36.4 million, or 0.16¢ per diluted share, on sales of $1.01 billion for the three months ended June 30, 2019. For the second […]

Filed Under: Blog, Business/Financial News, Dental, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Dentsply Sirona

Cantel Medical puts up $775m for dental instrument maker Hu-Friedy

July 30, 2019 By Brad Perriello Leave a Comment

Cantel Medical (NYSE:CMD) said today that it put $775 million on the table to acquire dental instruments maker Hu-Friedy. Chicago-based Hu-Friedy, which makes dental instruments and systems used to reprocess them, put up adjusted EBITDA of roughly $48 million on $214 million in sales during the twelve months ended May 31. The deal calls for Little […]

Filed Under: Dental, Featured, Mergers & Acquisitions, Wall Street Beat Tagged With: Cantel Medical Corp., Hu-Friedy

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