The San Jose, Calif.-based company said it will be added to the S&P GICS Health Care Supplies Sub-Industry index.
“We are excited to be added to the S&P 500 Index. This major milestone for the company reflects the significant impact that our technology and innovations have had on the orthodontic market. Over the past 20 years we have helped our customers transition from a manual procedure for straightening teeth, to a fully digital process with the Invisalign system and iTero intraoral scanners, treating over 4.5 million patients. On behalf of Align’s board of directors and our 6,800 proud employees around the world, we are honored for this distinction,” prez & CEO Joe Hogan said in a press release.
Earlier this month, Align said it is opening a new Invisalign treatment planning facility in Chengdu, China.
The plant is Align’s 1st manufacturing operations in China. The facility will host treatment planning services for Invisalign providers in China, Align reported. Previously, planning services for China-based customers was conducted in San Jose, Costa Rica.