Biolase Inc - Company Profile
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Business Description
Biolase Inc (Biolase) is a manufacturer and marketer of dental lasers and associated products. The company offers its products to dentists, periodontists, endodontists, oral surgeons and other specialists to perform a broad range of dental procedures. The company operates through one reportable segment. It classifies products into following categories: Laser systems, Imaging systems, Consumables and other.
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R&D Overview
Biolase E&D efforts focus on enhancing its existing products and technology and extending its product range in order to offer dental practitioners and patients with less painful and clinically superior laser systems. - Key technology include waterlase technology, epic laser technology and laser crystal technology. - In FY2022, the company spent US$7.2 million on engineering and development activities, which was 15% of its revenue and increased by 20.1% YoY. - Comprises of 259 issued patents and 24 pending patent applications in the United States, Europe and other countries. - Comprises of 301 issued patents and 38 pending patent applications in the United States, Europe and other countries.
Business Segments
Performance
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Overview
- Offers single-use accessories such as disposable laser tips of differing sizes and shapes, flexible fibers and hand pieces to dental practitioners. - Aims to increase its consumables revenue by selling more single-use accessories used by dental practitioners while performing procedures using dental laser systems.
Performance
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Overview
- Offer two categories of laser systems: Waterlase (all-tissue) systems and Diode (soft tissue) systems to dental professionals for minimally invasive treatment. - The Waterlase system, uses a patented combination of water and laser energy for cutting soft and hard tissues. Its major product variants include Waterlase Express, Waterlase iPlus, and Waterlase MD and MDX. - The Diode laser system is used to perform soft tissue, pain therapy, hygiene and cosmetic procedures, including teeth whitening. Major products include Epic Hygiene, Epic Pro, Epic X, Epic 10 and iLase diode lasers. - Intends to increase demand for the laser systems products by increasing awareness among the patients about its clinical benefits. - Views product innovation and expansion as critical growth driver.
Overview
- Provides maintenance and support services to its customers.
Performance
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Geographical Segments
Performance
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Performance
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