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:
1. A federal judge rejected Align Technology's proposal to settle its antitrust case for a second time.
2. Dental implant company ZimVie reported a net loss of $9.7 million in the fourth quarter of 2024.
3. Align Technology announced a plan to repurchase $225 million of its common stock through open market repurchases.
4. Dental 3D printing company LuxCreo launched 4D Bright Aligner, a new clear aligner product.
5. Zug, Switzerland-based vVardis, a dental technology company, partnered with OrbiMed to close on $35 million in financing to expand its U.S. growth.
6. Align Technology reported total revenue of $4 billion for the 2024 fiscal year.