On June 26, 2023 Biolase Pre-Solicited By Department Of Defense For Dental Equipment And Supplies Manufacturing, For The Co's Waterlase Express Endodontic Laser; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Biolase has been pre-solicited by the Department of Defense for dental equipment and supplies manufacturing, specifically for the company's Waterlase Express Endodontic Laser. Biolase is the sole manufacturer and distributor of the Waterlase iPlus Laser in the USA.
June 26, 2023 | 3:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Biolase's partnership with the Department of Defense for dental equipment manufacturing may lead to increased demand for its Waterlase Express Endodontic Laser.
Biolase being the sole manufacturer and distributor of the Waterlase iPlus Laser in the USA, and being pre-solicited by the Department of Defense, indicates a potential increase in demand for its products. This partnership may lead to increased revenues and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100