Align Technology, Inc.ALGN has made an extension to its Invisalign clear aligner range with the latest launch of Vivera Retainers with Precision Bite Ramps. This is claimed to be the first-of-its retainers in the market, which can be customized to provide additional support after a deep bite correction.
Notably, Vivera retainer is made with the same state-of-the-art technology as Invisalign aligners. It employs 3-D digital imaging, proprietary clear thermoplastic material and advanced fabrication technology for a stronger retention with a precise, comfortable fit.
Per Align, Precision Bite Ramps were first introduced in 2014 and are designed to disocclude the posterior teeth or "open the bite". This improves efficiency in deep bite Invisalign treatments. Since Precision Bite Ramps are part of Invisalign G5, its integration with Vivera Retainers is expected to bring greater clinical success for Align in the orthodontic space.
With deep bite malocclusion gradually becoming a very common orthodontic occurrence worldwide, we consider this development a major breakthrough for Align with respect to customer adoption. The rate of deep bite malocclusion cases is mostly high in North America and EMEA, registering 45% of patients from those regions.
According to statistics provided by Align, till date, more than 688,000 moderate or severe deep bite patients (including over 185,000 teenagers) have been treated with Invisalign clear aligners. Patient data also showed that doctors are increasingly fixing severe deep bites with Invisalign G5 Precision Bite Ramps.
It is important to note that Align has recently undertaken several strategies to improve adoption of Invisalign Technology globally including product/technology development, extending clinical effectiveness, expansion of the Invisalign Technology brand and driving international growth. In a parallel press release today, the company has introduced an expanded Invisalign product portfolio offering new options and greater flexibility to a wider range of patients.
Earlier, the company had introduced a clear Aligner solution for teen Class II correction - the Invisalign Technology Teen with mandibular advancement - in certain markets of Canada, EMEA and APAC. These are indicative of the growing popularity of Align's dental products in the international market. Over the long term, we expect G6, G7 and similar innovations to act as major catalysts for Align in the new as well as the existing markets.
Over the past six months, shares of Align have outperformed its industry . The stock has surged 33.1% compared with the 2.1% increase of the industry.
Zacks Rank & Key Picks
Bio-Rad Laboratories sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. It has a long-term expected earnings growth rate of 20%.
athenahealth is a Zacks #1 Ranked player. It has a long-term expected earnings growth rate of 21.5%.
Edwards Lifesciences has a long-term expected earnings growth rate of 15.1%. The stock carries a Zacks Rank of 2.
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