Align Technology, Patterson Dental ink deal for iTero Element scanner

Align Technology (NSDQ:ALGN) and Patterson Dental (NSDQ:PDCO) shares got a boost today after the companies said yesterday that they inked a non-exclusive distribution deal for Align’s iTero Element intraoral scanner. The scanner, used with Align’s Invisalign orthodontic device, is slated to hit the U.S. and Canadian markets under Patterson’s aegis next month, the companies said. “We’re pleased to work with Patterson and gain access to their sales force and general dentist customers who are looking to grow their business through practice digitization,” iTero VP and chief marketing officer Raphael Pascaud said in prepared remarks. “Together, through combined digital technology and support offerings from the iTero and Patterson teams, we will help dentists transition to full digital workflows and enable them to respond more effectively to changing market demand. Only the iTero Element has the breadth of applications and tools, including Invisalign treatment and TimeLapse technology, which enables a wide range of visualization, restorative and orthodontic solutions. With proven precision, best in class laboratory and restorative workflows, and over two million scans submitted, the iTero Element intraoral scanning system is the digital gateway to diagnostics and preventative care.” “Align Technology’s overall strategy and broad portfolio of products complement our commitment to innovation and providing a best-in-class c...
Source: Mass Device - Category: Medical Devices Authors: Tags: Dental Distribution Wall Street Beat aligntechnology Patterson Companies Source Type: news