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Dental Industry

Where the companies behind implants and aligners are heading

vVardis, Which Fixes Cavities Without a Drill, Pursues a US IPO
Dental Industry

vVardis, Which Fixes Cavities Without a Drill, Pursues a US IPO

Swiss dental startup vVardis is preparing for a US stock listing, having retained JPMorgan Chase and Goldman Sachs as advisers. The news comes less than two months after Apollo Global Management's investment valued the company at $1 billion in April. This article looks at the strategy behind the listing and any links to South Korea.

2 min read

Tooth-Regrowth Drug Clears Phase 2 Review Hurdle in Japan
Dental Industry

Tooth-Regrowth Drug Clears Phase 2 Review Hurdle in Japan

Japanese biotech venture Toregem BioPharma's tooth-regeneration antibody drug TRG035 has passed Japan's regulatory document review to begin a Phase 2 trial in children. We look at how the drug works by blocking the USAG-1 protein to wake up dormant tooth buds, the clinical progress so far, and what remains before commercialization.

2 min read

Bradesco Absorbs Dental Insurer Odontoprev to Build a $10 Billion Health Group
Dental Industry

Bradesco Absorbs Dental Insurer Odontoprev to Build a $10 Billion Health Group

Brazil's largest bank, Bradesco, is using its dental insurance subsidiary Odontoprev as the surviving entity to build a healthcare group with roughly $10 billion in annual revenue, spanning hospitals and primary care clinics. It offers a different picture from Korea's fixed-benefit dental insurance products.

3 min read

SprintRay Launches Chairside-Printed 'Definitive' Crown Material
Dental Industry

SprintRay Launches Chairside-Printed 'Definitive' Crown Material

SprintRay has launched Midas Restore, a glass-ceramic-filled resin, in the United States that lets dentists finish crowns and inlays directly on a chairside 3D printer instead of sending impressions to a dental lab. In South Korea, same-day milled crowns remain the standard.

3 min read

Ontario Teachers' Pension Plan to Buy Spanish Dental Chain for 1.75 Trillion Won
Dental Industry

Ontario Teachers' Pension Plan to Buy Spanish Dental Chain for 1.75 Trillion Won

Canada's Ontario Teachers' Pension Plan is acquiring Spanish dental chain Donte Group for about 1.75 trillion won, raising roughly 875 billion won in debt financing. The pension fund previously bought U.S. chain Heartland Dental in 2012. We look at how this deal contrasts with debt-laden Aspen Dental Group, and how Korea's dental market differs.

3 min read

KKR Buys a Stake in Henry Schein, the World's Top Dental Supply Distributor
Dental Industry

KKR Buys a Stake in Henry Schein, the World's Top Dental Supply Distributor

Private equity firm KKR has acquired a 12% stake in Henry Schein, the world's largest dental and medical supply distributor. The investment came amid pressure from an activist fund to replace management, and brought three new members onto the board. We look at why private equity is moving into the distribution network that carries dental materials to clinics, and how it connects to Korea's dental industry.

2 min read

China's Hillhouse Buys 17% Stake in Modern Dental Group, Maker of Crowns and Dentures
Dental Industry

China's Hillhouse Buys 17% Stake in Modern Dental Group, Maker of Crowns and Dentures

Chinese alternative asset manager Hillhouse Investment has acquired a 17% stake in Modern Dental Group, a Hong Kong company that manufactures crowns, dentures, and clear aligners on contract, for roughly 160 billion won. Here's a look at Hillhouse's dental industry investment portfolio and its ties to Korea.

2 min read