BIOLASE (BIOL) Stock Makes A Run For The Top On COVID-19 News


BIOLASE Inc (NASDAQ: BIOL) is making a run for the top early on this morning, trading on gains of more than 10%. The gains come after the compay announced that its Epic Hygiene dental laser meets CDC guidelines surrounding the prevention of the spread of COVID-19. Here’s what’s going on:

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BIOL Stock Heads Up On COVID-19 News

In the press release, BIOLASE said that its Epic Hygiene dental laser meets recent guidance from the CDC. This guidance recomments not using ultrasonic scalers to prevent the transmission of COVID-19.

In the release, BIOL said that ultrasonic scalers create a visible water spray that can contain particle droplets of water, saliva, blood, microorganisms, and other debris. Unfortunately, these debris can serve as a conduit to spread the coronavirus.

The company said that as dental offices begin to reopen, they can now rely on the Epic Hygiene laser for Laser Bacterial Reduction Therapy. This is great timing as the product was just cleared by the FDA in March of this year.

With the laser, dentists are able to perform gentler, highly effective treatments for bacterial reduction and management of periodontal disease without using water. In a statement, Todd Norbe, CEO At BIOL, had the following to offer:

We have already seen how all-tissue Waterlase dental lasers create 98% less aerosol than traditional dental handpieces, meeting the American Dental Association’s recommendation of reduced aerosol production to limit the spread of COVID-19. We are proud that we have continued to see our products, like the Epic Hygiene laser, meet the unique needs of dentists during this time. We believe this aligns directly with our mission of advancing dentistry, beyond the pandemic, to treat patients in the safest way possible.

This News Is Huge

The news issued by BIOLASE this morning is overwhelmingly positive. I remember when the COVID-19 pandemic was just beginning, I went for some routine dental work. I asked my dentist, “Aren’t you affraid? Isn’t working in open mouths with the coronavirus out there scary?” She responded, “Yes, but it’s what I need to do.”

The point here is that dentists and other medical professionals put themselves at risk every day. With this new product, dentists can now reduce their exposure to the virus, which is a massive win.

As such, I’m expecting for demand for the company’s Epic Hygiene product to be overwhelmingly high, making BIOL a stock that’s well worth watching.

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