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Dentis is building a new factory scheduled for completion next year to secure production volume for its SQ Implant sales in China.
Dentis has received NMPA approval for its premium implant product 'SQ Implant' in China, enabling direct sales. The company plans to ship an initial volume worth $2 million starting July 2023 and aims to expand sales to over $8 million within the year.
Dentis will invest 40.1 billion KRW to build a third factory and R&D center on a 14,761 m² site in Daegu Innovation City by 2026. Construction starts in May 2023 with completion in January 2024.
| Site | Largest | Latest |
|---|---|---|
| South Korea | 2023-07-10 | |
| Daegu Innovation City, South Korea | $31.0M | 2023-03-30 |