Prevest Denpro Signs MoU and Launches Oradox; Stock Surges 2%

Today, the shares of Prevest Denpro Limited zoomed 2.07%, trading at Rs 563.40 per share on BSE. The company’s current market capitalization is Rs 676.25 crore.

On July 31, 2023, the company also announced a strategic alliance with Sri Vishnu Educational Society. This partnership aims to foster innovative advancements in the dental sector through a strong collaboration between industry and academia.

The Memorandum of Understanding (MoU) was signed by Atul Modi, Managing Director of Prevest Denpro, and Vishnu Raju, Chairman of Sri Vishnu Educational Society.

The collaboration between Prevest Denpro Limited and Sri Vishnu Educational Society marks a significant milestone in their commitment to promoting cutting-edge research, facilitating knowledge exchange, and nurturing the development of skilled dental professionals. Both institutions will work hand in hand to explore and implement innovative solutions that elevate dental care worldwide.

The key aspects of the MoU include:

1. Research and Development: Joint collaboration for innovative dental technologies and materials.
2. Internship Opportunities and Exchange Programs: Facilitating practical learning experiences for students, faculty, and employees.
3. Industry-Academia Events: Joint initiatives to foster advancements in dental care through cooperation and knowledge exchange.

Speaking about the partnership, Atul Modi expressed his enthusiasm, stating, “We are delighted to join hands with Sri Vishnu Educational Society in this mutually beneficial collaboration. This alliance will not only nurture innovation but also bridge the gap between academic learning and real-world industry practices. We believe that by combining our strengths, we can drive positive change in the dental landscape.”

Vishnu Raju, Chairman of Sri Vishnu Educational Society, shared his thoughts on the partnership, “The collaboration with Prevest Denpro Limited opens up new avenues for our students and faculty to explore the practical aspects of dental sciences. By collaborating with an industry leader, we are confident that this synergy will result in a positive impact on dental education and research.”

In addition to the strategic partnership, Prevest Denpro Limited also introduced “Oradox,” its latest oral care product line. This advanced brand offers a wide range of innovative and highly effective oral hygiene products.

Developed through rigorous research and featuring proven ingredients, the Oradox range includes Mouthwash Tablets, Oral Rinses, and Cleansers designed to cater to diverse oral hygiene needs, especially for dental prosthetics. 

With this alliance and the launch of Oradox, Prevest Denpro Limited reaffirms its commitment to advancing oral healthcare through cutting-edge research, industry-academia collaboration, and innovative products.

About Prevest Denpro Limited:

Prevest Denpro Limited is a renowned dental material manufacturer known for its dedication to providing innovative products that elevate dental care. The company has built a strong reputation as a reliable and trusted partner among dental professionals worldwide, emphasizing quality and customer satisfaction as core values.

The stock has witnessed significant buying activity as it has surged more than 85% in the last one year. 

Keep a close eye on this trending stock.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.