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Dental technology updates to know from February
From a lawsuit settlement being denied to new financing deals, here are six headlines to know on the dental technology space, as reported by Becker's in February:
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Align Technology lawsuit settlement denied for 2nd time: 5 notes
A federal judge rejected Align Technology's proposal to settle its antitrust case for a second time Feb. 27.
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ZimVie records $9.7M net loss in Q4: 6 things to know
Dental implant company ZimVie reported a net loss of $9.7 million in the fourth quarter of 2024, an improvement over the $22.2 million net loss the company had in the fourth quarter of 2023, according to a Feb. 26 news release from ZimVie.
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Align Technology to repurchase $225M in stock
Tempe, Ariz.-based Align Technology is repurchasing $225 million of its common stock through open market repurchases.
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LuxCreo launches new clear aligner
Dental 3D printing company LuxCreo has launched 4D Bright Aligner, a new clear aligner product.
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Dental tech company gets $35M financing to expand US operations
Zug, Switzerland-based vVardis, a dental technology company, partnered with OrbiMed to close on $35 million in financing.
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Align Technology's 2024 revenue hits $4B: 10 notes
Tempe, Ariz.-based Align Technology reported total revenue of $4 billion for the 2024 fiscal year, according to a Feb. 5 news release.
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5 dental tech updates to know from January
From venture capital investments to legal settlements, here are five recent headlines to know about the dental industry, as reported by Becker's in January:
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Law firm investigating Dentsply Sirona after Byte suspension: 6 notes
The Bragar Eagel & Squire law firm is investigating claims against Dentsply Sirona on behalf of long-term stockholders.
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SoftSmile, ClearCorrect settle legal disputes
Orthodontics technology company SoftSmile and clear aligner brand ClearCorrect have agreed to settle all litigation and legal disputes between them.
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Convergent Dental installs 2K dental lasers
Dental technology company Convergent Dental has installed 2,000 of its Solea All-Tissue Dental Lasers.
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Dental tech company earns venture capital backing
Boston-based Perceptive received an investment from Dental Innovation Alliance, a venture capital firm.
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Dentsply Sirona shifts business model for Byte aligners: 5 notes
Dental technology company Dentsply Sirona is repositioning Byte within its aligner portfolio and expanding in-person dentist oversight for the clear aligner brand.
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Colorado dentist invents new dental implant
A dentist in Colorado Springs, Colo., has invented and began using a new dental implant, according to a Jan. 7 report from FOX 21.
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Dental inventory intelligence platform lands $300M private equity investment
Scottsdale, Ariz.-based Mashura, a dental inventory intelligence company, entered into a $300 million strategic partnership sponsored by Warburg Pincus.
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15 dental tech innovations from 2024
From a dental-dedicated MRI in the U.S. to the first fully automated dental procedure on a human using dental robotics, here are 15 dental technology innovations that Becker's reported on in 2024:
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Align Technology, ADA, AAO hit with antitrust lawsuit: 4 notes
Align Technology, the American Dental Association and the American Association of Orthodontists are facing an antitrust lawsuit alleging that the organizations conspired to eliminate SmileDirectClub from the dental market.
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Dentsply Sirona faces new class action lawsuit: 5 notes
Scott+Scott Attorneys at Law has filed a class action lawsuit against dental products and equipment manufacturer Dentsply Sirona.
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Nevada dentist completes 1,000 robotic dental implants
Andy Mersha, DMD, has completed 1,000 robotic dental implants using the Yomi robot.
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Orthodontics companies team up to advance aligner technology
Orthodontics companies uLab, Volex Dental and LuxCreo entered into a strategic collaboration to advance the use of direct print aligner technology.
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