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BIOLASE (NASDAQ:BIOLQ), the global leader in dental laser technology, has been acquired by MegaGen Implant, marking a significant transformation for the company. Under the leadership of new CEO Dr. Kwang Bum Park, founder of MegaGen Implant, BIOLASE aims to overcome recent operational challenges and restore its market position.
The merger combines BIOLASE's pioneering dental laser systems, including Waterlase™, with MegaGen's expertise in implantology. MegaGen, established in 2002 by over 70 dentists, has become South Korea's leading dental implant exporter. This strategic acquisition promises enhanced service systems, increased investment, and improved training support for BIOLASE's global customer base.
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