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Orthopedic and Dental Industry News Complete Archive »

Dental News Roundup January 2011 BY LAUREN UZDIENSKI, JANUARY 31, 2011

Earnings
Align Technologies reported 4Q:10 sales of $92.9 million, up 11% over 4Q:09 and beating estimates by $0.9 million. 63,500 cases were shipped during the quarter. Net profit for 4Q:10 was $9.9 million, or $0.13 per diluted share, down from a net profit of $11.5 million, or $0.15 per diluted share, in 4Q:09. Adjusted EPS was $0.14 per share, missing estimates of $0.17.

Funding
BioHorizons announced plans for an initial public offering of 5.6 million shares, which are expected to price between $15 and $17. The company will trade on the NASDAQ under the symbol BHZN.

M&A
The Carlyle Group has acquired Integrated Dental Holdings (IDH) from Bank of America Merrill Lynch Capital Partners. Financial details were not disclosed. Carlyle and Palamon Capital Partners plan to merge IDH with Palamon’s portfolio company Associated Dental Practices, which will create a new dental chain expected to have around 450 practices serving over 3.5 million patients per year. Carlyle and Palamon also plan to expand the number of practices, enhance the quality of patient care and grow NHS, private and specialist dental services.

Product Introduction and Update
Glidewell Laboratories announced that its Inclusive Custom Implant Abutments are now compatible with the Astra Tech Inc. dental implant system. The company notes that their Inclusive CAD/CAM-milled custom implant abutments can be used with a total of nine implant systems, including the Biomet 3i Certain, NobelActive, NobelReplace and Straumann Bone Level.

Clinical
A paper published in the Journal of Periodontology identified a link between periodontal disease and an increased risk of respiratory infections, including chronic obstructive pulmonary disease (COPD) and pneumonia. The article suggests that bacteria from the mouth may be inhaled into the lower respiratory tract.

Collaborations
Align Technology announced an agreement with Cadent for the joint development of software applications that will run on Cadent iTero and iOC scanners. The new applications will be designed for Invisalign treatment and will "optimize case assessment and planning . . . and bring valuable digital tools chair-side for Invisalign providers who use Cadent scanners."

GlaxoSmithKline and DENTSPLY will develop a co-branded portfolio of oral care products to be used in the dental office by patients suffering from tooth sensitivity. No cash or equity was exchanged under the terms of the agreement. The press release notes that tooth sensitivity affects one in three people.

Distribution
Straumann and Cadent have signed a non-exclusive distribution agreement whereby Straumann will begin marketing Cadent's iTero Digital Impression System in North America as of February 1. The iTero is an intra-oral scanner that the company says is the only system equipped to create a "powder-free 3-dimensional image of the patient's teeth."

Education
DENTSPLY donated $0.5 million to New York University College of Dentistry to promote clinical research in implant dentistry. NYU was the first dental school in the U.S. to teach implant dentistry to predoctoral students.

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