TEMPE, Ariz. & SAN JOSE, Calif. & DALLAS--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that its Board of Directors has appointed Britt Vitalone, Executive Vice President and Chief Financial Officer (“CFO”), McKesson Corporation, to Ali.
Investors looking for stocks in the Medical - Dental Supplies sector might want to consider either Align Technology (ALGN) or Straumann Holding AG (SAUHY). But which of these two stocks presents investors with the better value opportunity right now?
ALGN's Invisalign growth, iTero innovation and solid finances fuel optimism despite forex headwinds.
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Medical - Devices Industry | Healthcare Sector | Joseph M. Hogan CEO | XBER Exchange | US0162551016 ISIN |
US Country | 21,200 Employees | - Last Dividend | - Last Split | 26 Jan 2001 IPO Date |
Align Technology, Inc. specializes in the design, manufacture, and marketing of innovative dental products, including the widely known Invisalign clear aligners and iTero intraoral scanners. Catering to both orthodontists and general practitioner dentists, the company operates not only in the United States and Switzerland but also has a strong international presence. With its inception in 1997, Align Technology has steadily grown to become a leading player in the dental industry, offering a range of solutions tailored to meet the orthodontic and dental needs of patients across various age groups. The company's forward-thinking approach is evidenced in its comprehensive product offerings and the advanced technology it employs, aimed at enhancing patient care and outcomes. Headquartered in Tempe, Arizona, Align Technology continues to push the boundaries of dental and orthodontic innovation.
This segment includes a range of products aimed at addressing the orthodontic needs of patients. Notably, the Invisalign comprehensive package is designed for younger patients, offering solutions such as mandibular advancement, compliance indicators, and compensation for tooth eruption. Additionally, the segment provides specialized packages like Invisalign First Phase I and Phase 2 for children generally between the ages of six and ten, catering to a mix of primary/baby and permanent teeth. Other offerings include Invisalign moderate, lite, and express packages, alongside Invisalign go and Invisalign Go Plus for various treatment needs. Also available are retention products, Invisalign training, and adjusting tools for dental professionals to use during treatment, along with the Invisalign Palatal Expander, a 3D printed orthodontic device, and 3D printing solutions.
The iTero intraoral scanning system is a flagship offering in this segment, providing a versatile hardware platform suitable for both restorative or orthodontic procedures. The segment caters to a wide range of dental professionals, including general practitioner dentists, prosthodontists, periodontists, and oral surgeons, offering restorative software tailored to each specialty. Orthodontists benefit from specialized software designed for digital records storage, diagnosis, and the fabrication of printed models and retainers. Unique tools such as the Invisalign outcome simulator and progress assessment tool enhance treatment visualization and monitoring. Additionally, Align Technology offers the Align Oral Health Suite, a digital platform aimed at improving dental consultations, and TimeLapse technology, which enables the comparison of a patient's historic 3D scans with their current scan. This segment also presents a variety of subscription software, disposables, rentals, leases, pay per scan options, and CAD/CAM software solutions.