Henry Schein may distribute Sialo's dental endoscope for root-canal treatments.
Sialo Technology Israel Ltd. (TASE: SALO) is in preliminary talks with Henry Schein Inc. (Nasdaq: HSIC) for a possible agreement for commercializing Sialo's proprietary dental endoscope for root-canal treatments. The product, which enables the dentist to view the site of the surgery through a fiber optic cable, is undergoing initial trials.
Sialo is also in talks with Dentsply International Inc. (Nasdaq: XRAY) for the commercialization of the product.
Henry Schein is a distributor of medical, dental, and veterinary equipment. It has a market cap of $3.2 billion.
Sialo's share rose 2.5% to NIS 1.49 in morning trading on the TASE today.
Published by Globes [online], Israel business news - www.globes-online.com - on March 2, 2009
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