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Dentsply Sirona overstated net income and net sales in 2021

CHARLOTTE, N.C., US: Eyebrows were raised earlier this year in response to a series of dramatic events at Dentsply Sirona. CEO Don Casey was unceremoniously...

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Lagging inflation rate for US dental services squeezing clinic profits and dentist incomes

CHICAGO, US: The annual inflation rate for dental services has dipped well below the rate of overall inflation in the US. This key development reverses a ...

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Clear aligner company uLab Systems included in list of fastest-growing US companies

MEMPHIS, Tenn., US: The young orthodontic company uLab Systems has been recognised as one of the fastest-growing private enterprises in the US for 2022. The...

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Dental imaging market: Product innovation to stimulate demand

BURNABY, Canada: Dental imaging is a crucial part of oral care, and the volume of imaging procedures is predicted to increase as the global population ages ...

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Economic slowdown and inflation dog dental sales

LEIPZIG, Germany: The ongoing SARS-CoV-2 pandemic and the war in Ukraine are affecting dental markets, and inflation and recession are two words that are ...

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Dentistry Show London promises to benefit entire dental team

LONDON, UK: After last year’s successful return to an in-person format, the 2022 iteration of the Dentistry Show London is set to expand its presence in ...

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Medit up for sale at €2.9 billion—reports

SEOUL, South Korea: Leading 3D dental scanner manufacturer Medit is on the market and could fetch a price as high as KRW4 trillion (€2.97 billion), ...

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SmileDirectClub to launch SDC+ premium clear aligner treatment

NASHVILLE, Tenn., US: The pioneer of direct-to-consumer (D2C) clear aligner treatment will begin selling a premium, dentist-led treatment package within the...

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Envista to supply dental implants to Canada’s largest DSO as part of expanded partnership

BREA, Calif., US: Envista Holdings will supply Nobel Biocare dental implant products, services and training to the more than 500 clinics that operate under...

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3Shape files new patent infringement complaint against Medit

COPENHAGEN, Denmark: 3Shape recently confirmed that it has filed a patent infringement complaint against Medit, a South Korean company that specialises in ...

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Report: Investors favouring private UK dental practices as faith in NHS reform declines

LONDON, UK: Though the National Health Service (NHS) is considered an exemplar of what a public health model can achieve, its dental arm has increasingly ...

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Vast majority of US dentists increase pay for dental teams

CHICAGO, US: Around 80% of owner-dentists in the US have provided pay increases to the dental assistants and hygienists on their staff within the last 12 ...

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Henry Schein to acquire Condor Dental and expand its operations in Switzerland

MELVILLE, N.Y., US: Henry Schein has signed a definitive agreement to acquire the privately held dental distribution company Condor Dental in a transaction ...

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Selling up for millions: Equity arbitrage increasing wealth of US dentists, but not for long

Dental market consolidation in the US is triggering high demand for clinics and some owners are taking advantage of equity arbitrage in order to make sales ...

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Dental sales a mixed bag as war and supply difficulties bog down pandemic recovery

LEIPZIG, Germany: Dental companies may have expected a widespread ebbing away of the SARS-CoV-2 pandemic to bring them out of the financial woods. However, ...

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SmileDirectClub slashes net loss, signals major strategy change for 2022

NASHVILLE, Tenn., US: SmileDirectClub (SDC) became the public face of direct-to-consumer (D2C) orthodontics when it experienced phenomenal growth between ...

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Sales slowdown puts the brakes on Align Technology’s record run

TEMPE, Ariz., US: Align Technology performed notably well in 2020, even as the pandemic took a bite out of income streams, and the company broke its own ...

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Exocad moves Asian headquarters to South Korea

DARMSTADT, Germany/SEOUL, South Korea: Exocad, an Align Technology company and a leading dental CAD/CAM software provider, has recently announced that its ...

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Straumann Group to acquire Berlin clear aligner manufacturer PlusDental

BASEL, Switzerland: The dentist-led clear aligner treatment solutions provider PlusDental is to become part of the Straumann Group. The full acquisition ...

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Preferences for fixed restorations and resulting impact on the US and European overdenture markets

BURNABY, British Columbia, Canada: In recent years, patient preferences for fixed restorations have driven significant growth in both the US and European ...

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Envista finalises intra-oral scanner acquisition

BREA, Calif., US: On 20 April, Envista Holdings announced that it had completed its acquisition of Carestream Dental’s intra-oral scanner business. As ...

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Dentsply Sirona appoints interim executives amid leadership reshuffle

CHARLOTTE, N.C., US: John Groetelaars has been appointed interim CEO of Dentsply Sirona as part of a leadership reshuffle that included the immediate ...

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Practice ownership decline has hastened and is now irreversible, says HPI

CHICAGO, US: There has been an acceleration of the trends that are contributing to the gradual disappearance of solo private dental practices in the US and ...

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Manhattan dental office accepting cryptocurrency

NEW YORK, US: A Manhattan dental clinic’s adoption of cryptocurrency as a payment method has highlighted the growing acceptance of digital currencies by ...

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Dentistry ends 2021 with strong sales despite Omicron, supply chain troubles

LEIPZIG, Germany: The performance of the companies that supply dentists can be described as a thermometer in the mouth of dentistry at large. And whereas ...

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Clear aligners: The star of 2021

LEIPZIG, Germany: Last year, clear aligner therapy provided dentists around the world with an attractive income stream even as patient volumes remained ...

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Young Innovations acquires Medical Purchasing Solutions

ALGONQUIN, Ill., US: Global dental products supplier Young Innovations has announced its acquisition of pharmaceutical and surgical supplier Medical ...

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GlaxoSmithKline announces name of independent healthcare company

LONDON, UK: In 2018, GlaxoSmithKline (GSK), one of the world’s largest pharmaceutical companies, outlined its intention to separate its consumer ...

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3Shape and Align Technology settle patent infringement and anti-trust disputes

WILMINGTON, Del., US: A long-running dispute between two leading dental technology companies appears to have reached an end. Align Technology and 3Shape ...

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Envista starts new year with intra-oral scanner acquisition

BREA, Calif., US: Carestream Dental will sell its intra-oral scanner business to Envista Holdings in a deal that will cost the latter US$600 million ...

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