From a dental procurement marketplace startup to settling a retaliation lawsuit, here a 7 updates on dental supply companies Becker's reported on in May:
1. Wellplaece, a dental marketplace and procurement platform, launched with a $5.5 million seed round.
2. The Bragar Eagel & Squire law firm launched an investigation into whether Dentsply Sirona's board of directors breached their fiduciary duties to the company.
3. Henry Schein reached $3.1 billion in net sales during the first quarter of 2023.
4. Dental Health Products agreed to pay $25,000 to settle a federal sex-based retaliation lawsuit from the U.S. Equal Employment Opportunity Commission.
5. Henry Schein acquired Regional Healthcare Group, a medical and dental product distribution company.
6. Envista reported $627.2 million in sales during the first quarter of 2023.
7. Dentsply Sirona reported $978 million in net sales for the first quarter of 2023.