Align Technology‘s (NSDQ:ALGN) plea for an en banc rehearing of a case against ClearCorrect over clear orthodontic liners was denied by the U.S. Court of Appeals for the Federal Circuit. While ClearCorrect celebrated the ruling as a victory supporting the compliance of its clear aligner product with legal standards, Align Technologies said the decision was […]
Dental
FDA clears LED Dental’s Tuxedo dental radiography device
LED Medical Diagnostics (TSX:LMD) said today its subsidiary LED Dental won FDA 510(k) clearance for its Tuxedo digital intraoral radiography system. The Atlanta, Ga.-based company’s Tuxedo imaging platform consists of an intraoral sensor and image management software, and is designed as a digital replacement for analog dental film. “We’re excited about bringing our own digital intraoral […]
Henry Schein expands footprint in Japan with J. Morita stake
Henry Schein (NSDQ:HSIC) said it’s expanding its footprint in the Japanese dental market by buying a 50% stake in a subsidiary of J. Morita Corp. for an undisclosed amount. Melville, N.Y.-based Schein said the deal is for half of One Piece Corp., which has 8 dental dealerships in Japan and booked sales of roughly $125 million last […]
OrthoAccel Technologies drums up another $5m
OrthoAccel Technologies raised another $5 million equity round, more than 2 years after a previous raise brought in the same amount. The Houston-based company makes the AcceleDent device, which is designed to accelerate tooth movement using sonic technology. Ina regulatory filing OrthoAccel said 11 unnamed investors participated in the round. The $5 million raised in January 2014 […]
EU anti-trust regulators OK $5.6B Dentsply-Sirona merger
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) won conditional EU approval for their $5.6 billion merger today after agreeing to extend licensing agreements between Sirona and key suppliers. York, Penn.-based Dentsply also agreed to technical and legal safeguards for rival block suppliers and a fast track arbitration process to resolve disputes. “The decision is conditional in particular […]
Henry Schein buys into Brazilian dental distributor
Henry Schein (NSDQ:HSIC) said today that it agreed to buy a majority stake in Brazil’s Dental Cremer, which distributes dental supplies and equipment, for an undisclosed amount. Blumenau-based Dental Cremer posted sales of roughly $70 million last year and employs about 530 workers, Schein said. “As Brazil’s dental market grows, fueled by an aging population and an expanding […]
Dentsply, Sirona shareholders clear $5.56B merger
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said yesterday their shareholders “overwhelmingly” approved their proposed $5.56 billion merger. The companies said that shareholders approved all proposals to complete the merger and the deal remains on track to be completed in the 1st quarter of this year. “We are pleased with the overwhelmingly favorable outcome of […]
Exactech deals dental assets to Salvin Dental Specialties
Exactech (NSDQ:EXAC) said today it sold the entirety of its dental biologics business to Salvin Dental Specialties, through its Salvin Regenerative subsidiary. Financial terms and other details of the deal were not disclosed. Salvin Dental develops, manufactures and markets implant dentistry regenerative biomaterials and surgical instrumentation, Exactech said. “While it has been a pleasure to […]
Dentsply, Sirona put $5.56b merger to stockholder vote
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said today they plan to put their proposed $5.56 billion merger to a stockholder vote on January 11. Both Dentsply and Sirona released a joint statement on the merger, planning both shareholder meetings for the same day in their respective U.S. headquarters in York, Penn. and New York, N.Y., respectively. The […]
ClearCorrect continues legal brawl with Align, files for inter partes
ClearCorrect is continuing its fight with Align Technology (NSDQ:ALGN) over clear orthodontic liners, saying today it filed an Inter Partes Review with the United States Patent and Trademark Office. The newly filed IPR must be decided within 12 months, ClearCorrect said, and stands independent from the company’s other ongoing USPTO patent challenges. “The USPTO has already […]
Dentsply-Sirona union passes FTC muster
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said their proposed, $5.56 billion merger-of-equals cleared the U.S. Federal Trade Commission’s waiting period, clearing the way for a close in the 1st quarter of 2016. The merger, announced in September, would create the world’s largest dental equipment maker. It calls for Sirona shareholders to receive 1.8142 XRAY shares […]