BIRMINGHAM, Alabama and DUBLIN, California--BioHorizons, Inc. has been formed to create a digital dentistry company in the dental implant market by combining DTI Dental Technologies, Inc. and BioHorizons Implant Systems.
The uniqueness stems from expertise in the digital world provided by a large scale dental laboratory and the implant expertise provided by a leading dental implant company.
Digital dentistry is the future of implant dentistry. The sophisticated dental laboratory has almost all of the experience and knowledge of digital data gathering, computer aided design of crowns and abutments, and computer aided manufacturing.
Today, virtually no dental implant company has knowledge of or experience with digital technology or its use. Long term, leadership and success in the dental implant industry will go to early adopters who can execute, support, and deliver to dentists a digitally designed and manufactured, complete and customized set of products and tools for each patient procedure. BioHorizons, Inc. will be the first dental implant company in the age of digital dentistry.
BioHorizons' headquarters will be in Birmingham. The combined company generated approximately $150 million in revenues in 2007, making it one of the largest implant dentistry companies in the world. The company will have 23 operating facilities in North America, eight international facilities and more than 1,000 employees.
The merger creates a differentiated restorative dental company that has the most complete product offering in the industry. This provides BioHorizons the ability to streamline the implant and restorative process creating a more efficient continuum of care and superior patient outcomes.
"This development creates a leader in restorative and implant dentistry," stated R. Steven Boggan, president and CEO of BioHorizons. "We are confident that we can decrease treatment times while simultaneously improving patient outcomes. Being the only company with direct experience from surgical planning through final restoration, we offer our current and future customers superior service."
Wallace Sholdice, president of DTI explained, "We are very excited about this combination. BioHorizons and DTI share a vision for how to move the practice of dentistry into the digital age, especially implant dentistry. We will have the resources and expertise to provide significant value to our customers, particularly through continuing education and marketing programs that only an integrated company like BioHorizons can offer."
Canaccord Adams acted as financial advisor in the merger.
For more about BioHorizons, go to BioHorizons.
To read more about BioHorizons, go to BioHorizons.
