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Align Technology dates back to 1997 and is a global medical device company focused on orthodontic and restorative treatments. The company offers dental solutions that combine advanced 3D modeling for digital treatment planning, shape engineering based on biomechanical principles, and mass customisation and 3D printing. Company solutions include the Invisalign system, an advanced clear aligner system, and the iTero intraoral scanners. Align Technology serves customers in over 100 countries around the world and solves a wide range of needs, from simple tooth alignment to complex corrections, helping over six million patients worldwide. In 2019, the company announced a distribution agreement with Benco Dental, the largest privately-owned dental distributor in the United States, for Align’s family of iTero Element intraoral scanners. During the first quarter of that year, following the commercial launch of the company’s iTero Element 5D Imaging System, Align Technology reported total net revenues of $549.0 million, representing a 25.6% increase. Continue to follow the Align Technology instrument for more updates and news on the current ALGN stock value.
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