MIT Alum Gains $800 Million Fortune Making Scanners to Fix Teeth

Feb. 6, 2023, 5:22 PM UTC

When Minho Chang started making 3D scanners, the technology was mainly aimed at companies like automakers Hyundai Motor Co. and Mercedes-Benz Group AG.

He soon realized there were bigger opportunities to be had by focusing on something much smaller: teeth.

So in 2008, Chang decided to join the dental revolution. Instead of those gooey molds used to make impressions for implants, crowns and bridges, his Medit Corp. developed a pocket-size diagnostic scanner that produces a 3D map of a patient’s mouth.

It was a hit. The Seoul-based company has since grown exponentially and now sells its products in about 70 ...

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