|Bid||901.20 x 0|
|Ask||861.00 x 0|
|Day's Range||853.60 - 865.00|
|52 Week Range||587.00 - 896.20|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||47.31|
|Forward Dividend & Yield||5.25 (0.61%)|
|1y Target Est||795.47|
ClearCorrect, a Straumann Group brand and a leading manufacturer of clear aligners, unveiled today at the American Association of Orthodontists (AAO) 2019 Annual Session a major rebrand as part of a continued investment in its mission to empower dental professionals with technology and tools to help them grow their practices. “ClearCorrect has experienced rapid growth in recent years, leaving us poised to help the doctors in our provider network evolve and thrive as the industry shifts toward greater adoption of clear aligners,” said Corey Johnson, VP of North American sales at ClearCorrect. The Straumann Group, a Switzerland-based global provider of tooth replacement and orthodontic solutions that restore smiles and confidence, acquired ClearCorrect in 2017 as part of a broader initiative to deliver products across the full spectrum of orthodontic and dental solutions.
Align Technology, Inc. (ALGN) and Straumann Group (SIX:STMN) announced today that they have reached an agreement to settle all currently outstanding patent disputes in the U.S., the U.K. and Brazil, including those involving ClearCorrect, a subsidiary of Straumann Group. Under the terms of the settlement, Straumann will pay Align $35 million.