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Biolase Picture Brightens
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Biolase (BLTI Quote) investors can find a reason to smile again.
After a series of painful disappointments, sales of the company's dental lasers have suddenly rocketed under a different management team. Biolase's search for a CEO has come to an end as well; former Cardinal Health (CAH Quote) executive Jake St. Philip is taking over amidst the turnaround.
Shares of Biolase, which had been trading near a multi-year low ahead of the developments, surged 36% to $3.15 on the news Monday. ...
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