Here are nine key notes on dental companies from the last week.
DENTSPLY reported net sales of $648.9 million during the third quarter of 2015, down 8.4 percent compared to the same period the year prior.
Henry Schein will acquire a 90 percent ownership interest in Dental Trey, a leading distributor of dental consumable merchandise and equipment in Italy. Henry Schein projects the transaction to close in the fourth quarter of 2015.
Septodont's subsidiary, Novol Healthcare, a leader in sterile injectable manufacturing, acquired a majority stake in Duoject Medical Systems. Duoject Medical Systems is a supplier of medical devices.
Carestream will display its cone beam CT technology at its booth at the Radiological Society of North America conference. The CBCT system captures images of patients with orthopedic conditions. It is part of ongoing clinical studies and is not yet available for commercial sale.
Various analysts have given Danaher a Relative Strength Index of 70.77, indicating oversold territory. The shares have a 4.28 percent return rate during the last three months, according to Wallstreet Observer.
Biolase upgraded its WaterLase iPlus 2.0 dental laser, giving dentists a clinical protocol and application to assistant in the management of peri-implantitis, according to DrBicuspid.com.
Executive Vice President of 3M, Joaquin Delgado, sold 11,270 shares on Oct. 30. The shares were sold for a total value of nearly $1.8 million, according toInsider Trading Report.
Aspen Dental will open a dental clinic in Hopkinsville, Ky., on Nov. 5. Dentists will provide services including dentures, preventative care, general dentistry and restoration.
Patterson Companies traded down 0.27 percent during the week of Oct. 26 to Oct. 30, according to Money Flow Index.
More dental news:
Henry Schein appoints 25 members
Henry Schein to acquire 90% interest in Dental Trey: 5 points
The Dr. Edward B. Shils Entrepreneurial Fund awards innovators in the dentistry field — 5 takeaways