Dentsply Sirona (Nasdaq: XRAY) announced today that its board’s audit committee found no evidence of intentional wrongdoing or fraud on the part of its former CEO or CFO. The dental tech company fired former CEO Don Casey in April. Previous CFO Jorge Gomez soon left his new job at Moderna. Former BD executive Simon Campion is now […]
Dental
Sonendo next-gen Gentlewave G4 wins Health Canada approval
Sonendo today announced it received Health Canada regulatory approval for its next-generation GentleWave G4 system for root canal treatment. The new Health Canada approval expands the Laguna Hills, California–based company’s suite of products in Canada to bring the GentleWave G4 system’s more modern design to the market. The system uses broad-spectrum acoustic energy and advanced […]
Align Technology announces $200M stock repurchase agreement
Align Technology (Nasdaq:ALGN) announced today that it entered into a new, accelerated stock repurchase agreement with Goldman Sachs. Tempe, Arizona-based Align agreed to repurchase $200 million of its common stock under its $1 billion stock repurchase program. The company initially announced its repurchase program in May 2021. Shares of ALGN opened the day up 2.1% […]
Neocis raises $40M for dental surgical robot
Robot-assisted dental surgery technology developer Neocis announced today that it completed an oversubscribed financing round worth $40 million. Miami-based Neocis manufactures Yomi, a computerized robotic navigational system. It provides assistance in the preoperative and intraoperative phases of dental implantation surgery. Yomi provides software for planning procedures and offers robotic navigational guidance for surgical instruments during […]
Align Technology stock sinks on Q3 sales, EPS misses
Align Technology (Nasdaq:ALGN) shares took a massive hit today — a day after it reported Q3 results well short of the consensus forecast. ALGN shares fell 15.9% to $186.35 apiece in mid-morning trading. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose 1.3%. The Tempe, Arizona-based dental […]
3M Oral Care launches custom matrix for restorative procedures
3M Oral Care today launched its Filtek Matrix restorative solution for composite placement. Dental composites are used to restore or improve the esthetics of a patient’s smile, but the gold-standard process can be long and complicated, according to 3M. Filtek Matrix uses a digital restoration design to create a patient-specific matrix that helps clinicians transfer […]
Sonendo launches next-gen GentleWave G4 system
Sonendo today launched its GentleWave G4 system that treats tooth decay. The system uses broad-spectrum acoustic energy and advanced fluid dynamics to deliver advanced disinfection to penetrate complex anatomies, resulting in better cleaning and improved healing times. Laguna Hills, California-based Sonendo’s GentleWave procedure is used in root canal treatment for a minimally invasive process to […]
Align Technology launches iTero-exocad Connector software
Align Technology (Nasdaq:ALGN) announced that it unveiled its latest iTero-exocad Connector software. Tempe, Arizona-based Align designs its iTero-exocad Connector software for digital orthodontics and restorative dentistry. It integrates the iTero intraoral camera and NIRI images within the exocad DentalCAD 3.1 Rijeka software. The company introduced it yesterday at the exocad Insights 2022 event in Mallorca, […]
Align Technology launches AI-powered home monitoring for Invisalign clear teeth aligners
Align Technology (Nasdaq:ALGN) announced that it launched the Invisalign Virtual Care AI remote monitoring solution. Tempe, Arizona-based Align designed the next-generation platform to streamline workflows for doctors and their staff. Features include patient enrollment, setup, and review directly on the Invisalign Doctor Site. This eliminates the need to use separate standalone solutions. Assisted by artificial […]
Dentsply Sirona has a new CFO
Dentsply Sirona (Nasdaq: XRAY) has hired a new CFO as its board looks to wrap up an internal investigation into past financial practices. Over the past eight years, Glenn Coleman has been CFO and then COO at Integra Lifesciences. Dentsply Sirona announced yesterday evening that Coleman will start as the dental tech company’s chief financial […]
Align Technology opens first regional manufacturing facility in Europe
Align Technology (Nasdaq:ALGN) announced that it opened its first Europe, Middle East & Africa (EMEA) manufacturing facility. The regional facility opened in Wroclaw, Poland. It represents Align’s third regional manufacturing facility globally, joining the existing ones in Juarez, Mexico, and Ziyang, China. Align said in a news release that the state-of-the-art facility will serve as […]