Israel Healthcare & Medical Device Industry

ReDent-Nova has raised $2.7 million from Infinity Venture Capital and Maayan Ventures July 7, 2006

ReDent-Nova, a developer of a self adjusting file (SAF) for endodontic dentistry, has raised $2.7 million from Israeli venture capital fund Infinity Venture Capital, Maayan Ventures, Infinity’s technology incubator, and private investors.

The investment money will be used to complete the development of the SAF, to support ReDent’s clinical trials of the device and to see the company through the U.S. regulatory process.

27 million root canal treatments are performed in the U.S. annually. 25 million root canal treatments are performed yearly in Western Europe. Currently, root canal treatments require the use of a series of metal files varying in width, strength and diameter. This result in a time consuming procedure that does not always disinfect well, produce a complete cleaning, or satisfactorily remove the tooth’s pulp. These are all necessary elements for a successful root canal.

“The creation of the SAF signifies the beginning of a new era in endodontic dentistry. The SAF enables a complete and successful root canal operation and with the use of only one file. The SAF improves the cleaning and the shaping of the root canal by adjusting itself to the formation of the root canal. The SAF follows the contours of the root canal and enlarges it to a greater dimension while maintaining its original shape. The benefit of these deliverables, among others, is less chair time for the dentist and the patient,” explained Ofer Shalev, CEO of ReDent-NOVA.

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