Profile: Align Technology Inc (ALGN.O)
25 Jul 2016
Align Technology, Inc., incorporated on April 3, 1997, designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Express/Lite, Teen, Assist and Vivera Retainers, along with its training and ancillary products for treating malocclusion. The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Company's iTero scanner is used by dental professionals, and labs and services for restorative and orthodontic digital procedures, as well as Invisalign digital impression submission.
Clear Aligner Segment
The Invisalign System is a method for treating malocclusion based on a series of doctor-prescribed, custom manufactured, clear plastic removable orthodontic aligners. The Invisalign System offers a range of treatment options, specialized services and software for treatment visualization. Used for a range of malocclusion, the Invisalign Full treatment consists of the number of aligners necessary to achieve the doctor's treatment goals. Invisalign Full is sold in the United States, Canada and its international regions. The Invisalign Teen treatment includes all the features of Invisalign Full treatment, along with other features that address the orthodontic needs of teenage patients, such as compliance indicators, compensation for tooth eruption and over six free single arch replacement aligners. Used for anterior alignment and aesthetically-oriented cases, the Invisalign Assist treatment offers added support to its dental practitioners throughout the treatment process, including progress tracking that allows the dental professional to submit new impressions every approximately nine stages.
Invisalign Express treatment, Invisalign Lite treatment and Invisalign i7 treatment are solutions for orthodontic cases, non-comprehensive treatment relapse cases, or straightening prior to restorative or cosmetic treatments, such as veneers. The Company offers approximately two products for post treatment retention, including a single set of custom clear aligner retainers and a set of over four custom clear aligners called Vivera Retainers. The Company offers Invisalign training and various ancillary products, such as cleaning material and adjusting tools used by dental professionals during the course of treatment. The Company's SmartTrack Aligner Material is a custom-engineered Invisalign Clear Aligner material that delivers gentle, constant force for orthodontic tooth movements.
Scanner and Services Segment
The Scanner segment includes its iTero scanner and OrthoCAD services. The iTero scanner is available as a single hardware platform with software options for restorative or orthodontic procedures. The iTero scanner includes its powderless technology and features a modern design, scanning wand and keyboard design with color model rendering, enabling clinicians to show patients a life-like final model of their scanned dentition. The iTero scanner is interoperable with its Invisalign treatment such that a full arch digital scan can be submitted for the Invisalign case submission process treatment. The Company offers restorative software for iTero, which includes software designed for general practitioners (GPs), prosthodontists, periodontists and oral surgeons, and includes features for restorative procedures, such as veneers, inlays, onlays, crowns, bridges and implants. The iTero restorative software provides the ability to scan quadrants and full arches, and allows powder-free capture of digital impressions for single-unit cases, as well as restorative and implant treatment plans. The iTero software also contains Invisalign interoperability to support clear aligner orthodontic treatment.
The Company offers orthodontic software for iTero, which includes software designed for orthodontists for digital records storage, orthodontic diagnosis, Invisalign digital impression submission and for the fabrication of printed models and retainers. The iTero orthodontic software digitally captures the contours of the dentition and the gingival structures, providing a powder-free digital orthodontic scan. The Company's CAD/CAM services include iTero Models and Dies, OrthoCAD iCast and OrthoCAD iRecord. The iCast digital model contains an American Board of Orthodontics (ABO) base and is available from an iTero scan or from a traditional alginate impression. Its chair side applications include the Invisalign Outcome Simulator. The Invisalign Outcome Simulator is an interactive application that provides GPs and orthodontists a platform for patient education and is designed to manage treatment acceptance by helping patients visualize the benefits possible with Invisalign treatment.
The Company competes with Danaher Corporation, 3M, Sirona Dental Systems, Inc. and Dentsply International, Inc.
Align Technology Inc
2560 Orchard Pkwy
SAN JOSE CA 95131-1033
Company Web Links
- BRIEF-Align Technology announces $50 million accelerated stock repurchase program
- BRIEF-Align Technology Inc qtrly earnings per share $0.50
- BRIEF-Align Technology announces additional $300 mln stock repurchase program
- BRIEF-Align Technology CEO's 2015 total compensation was $17.4 mln - SEC Filing
- BRIEF-Align Technology, Wells Fargo, National Association enter amended credit agreement