Implant Direct Manufacturing will face sanctions for destroying evidence in a patent infringement lawsuit filed by Zest IP Holdings, a federal magistrate judge ruled this week.
Dental
Henry Schein to buy a 60% stake in BioHorizons
Henry Schein (NSDQ:HSIC) said it plans to pick up a 60% stake in dental implant maker BioHorizons for an undisclosed amount.
Listen to Dentsply’s Q3 2013 earnings call
Dentsply’s Q3 earnings miss the mark despite profit surge
Dentsply International (NSDQ:XRAY) managed to miss Wall Street’s mark for its 3rd-quarter earnings despite a nearly 50% bottom-line surge, as acquisition costs pushed its earnings per share 5¢ under analysts’ expectations.
Align Technology’s Q3 earnings shatter expectations
Align Technology (NSDQ:ALGN) beat its own forecast and shattered Wall Street’s earnings expectations with its 3rd-quarter results, sending shares up more than 15% this morning ahead of the market’s open.
General Electric backs Sonitus Medical with $10M loan
General Electric (NYSE:GE) said its GE Capital arm lent $10 million to Sonitus Medical for its SoundBite tooth-based hearing aid.
San Mateo, Calif.-based Sonitus plans to use the funds to expand commercialization of the SoundBite device, which uses bone conduction to transmit sound via the teeth, according to a press release.
Dental: German court enforces Align Tech’s injunction against Ortho Caps, Rasteder KFO
Align Technology seeks cease-and-desist against ClearCorrect
After a favorable ruling for Align Technology (NSDQ:ALGN) back in May, the International Trade Commission further reviewed the company’s patent infringement case against Pakistani dental device maker ClearCorrect.
GPOs: Premier inks new supply contracts
Group purchasing organization Premier Healthcare Alliance inked a pair of new contracts with U.S. medical device companies.
Deals for oral care products went to Kimberly-Clark (NYSE:KMB) and to hospital supplies company Sage Products.
Sirona Dental CFO steps down after 15 years | Personnel Moves
Sirona Dental (NSDQ:SIRO) CFO Simone Blank is slated in October to hand over her title to new-comer Ulrich Michel, who formerly worked as a finance chief in the commercial auto and heating/ventilation industries.
Blank worked for Sirona for 15 years, taking on the CFO title in 2005. The company did not state a reason for her departure, but she will stay on until October 14 to help smooth the transition.
Dentsply’s Q2 earnings rise despite flat sales
Dentsply International (NSDQ:XRAY) managed to boost its 2nd-quarter profits despite flat sales, saying headwinds in Europe will push down its earnings for the rest of the year.