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Align Technology Inc. (NASDAQ: ALGN) is a prominent global medical device company known for designing and manufacturing the Invisalign® System, the world’s most advanced clear aligner system, iTero™ intraoral scanners, and exocad™ CAD/CAM software. These innovations enable digital orthodontics and restorative dentistry, improving patient outcomes and practice efficiencies for over 261,000 doctor customers worldwide. Since its establishment, Align Technology has treated over 17.6 million patients with Invisalign, driving the evolution of digital dentistry through the Align Digital Platform™.
The company’s flagship product, the Invisalign System, has revolutionized the approach to orthodontic treatment. Utilized in over 90 countries, Invisalign combines proprietary virtual modeling software and rapid mass-manufacturing processes to develop customized aligners for each patient. It's a preferred choice for treating a wide range of malocclusions, from simple to complex cases. The system has gained the trust of over 230,000 Invisalign-trained dentists and orthodontists globally.
Align Technology also offers the iTero intraoral scanner, which uses advanced parallel confocal imaging technology to capture detailed digital impressions of patients' teeth, facilitating accurate treatment plans and enhancing patient communication. Over 85% of Invisalign cases start with digital scans, underscoring the importance of iTero technology in modern dental practices.
In 2024, the company launched the iTero Lumina™, a next-generation intraoral scanner that offers a 3X wider field of capture with a significantly smaller and lighter wand, providing faster, more accurate scans and superior patient comfort. This innovation exemplifies Align's commitment to continuous improvement and leveraging emerging technologies.
Align’s commitment to innovation is further demonstrated by its recent acquisition of Cubicure GmbH, a pioneer in direct 3D printing solutions. This acquisition strengthens Align’s strategic innovation roadmap and enhances its manufacturing capabilities for 3D printed products such as the Invisalign Palatal Expander System. This new system offers a removable, clinically effective alternative to traditional palatal expanders, further solidifying Align’s position at the forefront of digital orthodontics.
The company’s financial health remains robust, with significant investments in R&D aimed at driving future growth. Align continues to support clinical and scientific research worldwide through its annual Research Awards Program, fostering advancements in dental care.
Align Technology maintains a strong market presence, bolstered by strategic partnerships and a broad product portfolio, ensuring its role as a leader in the rapidly evolving dental industry. For more information, visit www.aligntech.com.
Align Technology announced the award of $300,000 in research grants to universities worldwide as part of their Annual Research Awards Program. Twelve research grants were awarded to institutions in the Americas, Europe, and Asia Pacific. The recipients include prestigious universities like the University of Washington, University of Florida, and Sichuan University. The research covers various topics, including molar distalization, oral microbiome analysis, and the efficacy of probiotics on biofilm around aligners. Dr. Mitra Derakhshan emphasized the importance of these grants in advancing dental research. John Morton noted the high number of applications and the global impact of the research.
Align Technology (Nasdaq: ALGN) has announced the appointment of Emory Wright as Executive Vice President, Direct Fabrication Manufacturing Platform. Wright will transition from his global operations role and focus on scaling the company’s next-generation manufacturing operations until his retirement in 2026. Srini Kaza has been promoted to EVP, Research and Development, while Dr. Mitra Derakhshan will take on global treatment planning as EVP, Chief Clinical Officer. Jitse Marree will lead global clear aligner manufacturing operations. This restructuring aims to enhance Align’s leadership in 3D printing and digital orthodontics.
Align Technology, Inc. (ALGN) is set to speak at several upcoming financial conferences, presenting key executives Joseph Hogan (CEO) and John Morici (CFO). The company will participate in events like the Stifel 2024 Jaws & Paws Conference, William Blair 44th Annual Growth Stock Conference, and Jefferies Global Healthcare Conference, aiming to engage with investors and showcase its innovative products such as Invisalign® system, iTero™ intraoral scanners, and exocad™ CAD/CAM software. The presentations will be webcast live on the company's Investor Relations website, allowing stakeholders to access the content remotely.
Align Technology, Inc. announced a $150 million open market repurchase as part of its $1.0 billion stock repurchase program. The company aims to capitalize on its market opportunity while providing value to shareholders. The repurchases will be executed through a trading plan and funded with the company's existing cash. Align Technology remains confident in its ability to lead the orthodontic industry with its Invisalign® system.
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