From new partnerships to initiatives, medical device manufacturer Align Technology has made several moves almost halfway through the year.
Here's what the clear aligner company has been up to:
February
- Align Technology reported $1.03 billion in fourth quarter revenue
- Align Technology introduced Invisalign system innovations for the Align Digital Platform.
- Align Technology settled its patent infringement and antitrust litigation with dental supplier 3Shape.
- Exocad, Align Technology's dental software company, launched an online shop for its CAD/CAM software.
March
- Align Technology launched cone beam computed tomography as a new feature for its ClinCheck digital treatment planning software.
April
- Align Technology reported $973.2 million in revenue and reached several clinical milestones during the first quarter of 2022.
May
- Align Technology entered an agreement with Citibank to repurchase $200 million of Align's common stock under its $1 billion stock repurchase program.
- Align Technology launched a simulation tool that allows Invisalign patients to see the potential results of their treatments.
- Align Technology entered a strategic partnership with Asana Smiles, a work management platform, to offer a new workflow to Invisalign-trained doctors in the U.S.
June
- Align Technology ranked No. 461 with an absolute growth rate of 67.8 percent, on Financial Times' list of the fastest-growing companies in 2022.
- Align Technology awarded $275,000 in grants to 10 universities worldwide to support research in orthodontic treatment.