BEIJING, China: When the largest Chinese clear aligner manufacturer floated shares on the Hong Kong stock exchange in June, it was obliged to make available to the public company and market information that previously had been difficult to obtain. Angelalign’s trading prospectus outlines the exceptional market growth that is forecast for orthodontic therapy in China by 2030, by which time the country is expected to have more clear aligner treatments per year than the US or Europe.
SHANGHAI, China: Many readers may not have heard of Angelalign Technology, the largest clear aligner manufacturer in mainland China. The company shares most of the letters in its name with its largest competitor, US-based Align Technology, and the two companies also share the bulk of Chinese clear aligner sales. Angelalign stepped out of relative obscurity and into the international spotlight in June when it offered nearly 17 million shares on the Hong Kong stock exchange.
THIRUVANANTHAPURAM, India/CELEBRATION, Fla., US: The days of dental clinics using multiple software solutions are numbered, according to health technology start-up CareStack. The six-year-old dental software company raised $22.5 million (€18.6 million) in capital in April, bringing the total amount of funds raised by the company to more than $60 million, and it now plans to expand its operations and double the size of its team.
December 30, 2020 | Business
HONG KONG/HARROGATE, UK: CareCapital, an equity investor focused on the dental and oral care industry, has announced an agreement to acquire global dental implant company Neoss. In conjunction with the transaction, Dr Robert Gottlander has been appointed President and CEO of Neoss.
HONG KONG: The American tele-orthodontics company SmileDirectClub has expanded into Asia by opening two of its flagship SmileShops in key Hong Kong shopping districts. The company says that its own research shows that the cost of orthodontic care is one of the main barriers preventing Hong Kong residents from having their teeth straightened and that it will offer an affordable and safe treatment option to them.
AUCKLAND, New Zealand: After a number of offers, the directors of Abano Healthcare Group have capitulated to a bidder and entered into a scheme of arrangement for a takeover of its extensive network of dental offices across Australia and New Zealand. If approved, the takeover bid would see an entry into the dental market in Australasia by the former majority shareholder in the largest dental support organisation (DSO) in the US.
December 4, 2019 | Business
LEIPZIG, Germany: By this point, the benefits of employing CAD/CAM technologies in the dental practice and laboratory have been well documented. CAD/CAM was developed for commercial use in the 1980s at the University of Zurich in Switzerland by Prof. Werner H. Mörmann and Dr Marco Brandestini, and its usefulness for creating dental restorations and orthodontic appliances has grown in the decades since, as has its reputation. FDI World Dental Federation, the principal representative body for more than one million dentists worldwide, went so far as to issue a policy statement in 2017 declaring that it supports “the research and development of CAD/CAM dentistry to improve the quality of the final product and allow for cost reduction”.
October 24, 2019 | Business
BEIJING, China: Sales of dental implants are set to grow at a phenomenal rate in the coming years in major dental markets in the Asia Pacific region. The value implant segment is driving volume growth, but still trailing behind the premium segment when it comes to overall dollar value. International implant manufacturers are investing in the value category, and cheaper solutions in implant therapy may be the key to boosting some of the region’s developing markets.
LEIPZIG, Germany: Running a dental practice and ordering dental supplies just got a lot simpler. The global digital dental marketplace DDS.WORLD is now open for business and provides a comprehensive full-service offering for all participants in the dental industry. The marketplace offers detailed product listings, news and e-learning opportunities, as well as free cloud-based practice management software that will streamline day-to-day business for the entire practice team.
September 17, 2019 | Business
BASEL, Switzerland/HONG KONG, China: The Straumann Group, a global leader in implant and aesthetic dentistry, and Modern Dental Group, a leading global provider of dental prosthetic devices, have entered a joint venture to create Peak Dental Solutions Hong Kong. This distribution company will serve the dental communities in Hong Kong and Macau in China from the fourth quarter of this year. Straumann and Modern Dental Group will invest substantially in the joint venture and will own respective stakes of 40% and 60%. Financial details were not disclosed.
AMMAN, Jordan: Earlier this year, EMS Electro Medical Systems celebrated the opening of its new office in the Middle East at the W hotel in Amman in the presence of 24 delegates from some of the leading dental companies in the world. There was active participation by EMS’s top management team, headed by General Manager Paolo Zanetti, who came from Nyon in Switzerland to attend the inauguration.
ZURICH, Switzerland: From 27 to 29 June, the Spanish capital of Madrid will play host to the 2019 Nobel Biocare Global Symposium. At this event, dentists will be able to see and experience the future of implant dentistry through the innovations being showcased. Among these will be the new Nobel Biocare N1 system, which combines the company’s latest surface technology with a biologically driven design to reduce treatment time and improve patient comfort.
May 21, 2019 | Business
GUANGDONG, China/CURITIBA, Brazil: Launca Medical Device Technology has officially announced a business partnership with Hyperlab in Brazil for its digital intra-oral scanner.
In 1983, Kuraray introduced the patented MDP monomer in its PANAVIA EX cement. 35 years later, MDP monomer-based resin cements have been scientifically proven to provide the most favourable bond values when cementing zirconia. With the recent introduction of the all-ceramic KATANA Zirconia Block, cementation is still best achieved with the PANAVIA and CLEARFIL families of products.
January 23, 2019 | Business
BASEL, Switzerland/TIANJIN, China: The Straumann Group will be partnering with Tianjin ZhengLi Technology, whose clear aligner system has regulatory approval in China. The two companies will be developing enhanced solutions in aesthetic dentistry, and the collaboration is intended to accelerate Straumann’s plan to enter the world’s second-largest market for orthodontic clear aligners.
October 4, 2018 | Business
BASEL, Switzerland: With implant dentistry continually developing and evolving, so too are some of the low-cost options. In a recent move to secure a larger stake in that market, Straumann recently signed agreements to buy further shares in T-Plus, a Taiwanese dental implant manufacturer. Once the Taiwanese Investment Commission has approved the purchase, Straumann will gain a 60 per cent share in the company.
September 27, 2018 | Business
TOKYO, Japan: 3Shape, a leading provider of 3-D scanners and CAD/CAM software has announced the opening of an office in September in Tokyo, Japan, which will enable local dental practices, laboratories, resellers and partners to take part in 3Shape training and demos at the facility as well as receive technical support—all in Japanese.
July 25, 2018 | Business
CANBERRA, Australia: In May 2017, Australia’s prime minister and the Minister for Trade, Tourism and Investment commissioned an independent report on an Indian economic strategy. Besides seeking to transform the economic relationship between Australia and India, the government was interested in understanding the possible economic trajectory of the world’s seventh largest country. Part of the report focused on medical device exports, something the Australian Dental Industry Association (ADIA) has welcomed.