Align Technology
- Align Technology entered an accelerated stock repurchase agreement with Citibank to repurchase $250 million of its common stock under Align’s $1.0 billion stock repurchase program.
- Align Technology reported $3.73 billion in revenue in 2022, a decrease from $3.95 billion in 2021.
SmileDirectClub
- SmileDirectClub launched a new clear aligner treatment, CarePlus.
- The company agreed to pay $2.95 million in a class action lawsuit settlement.
- SmileDirectClub issued a statement in response to a Jan. 20 BBC News report that highlighted U.K. dental patients’ negative experiences with the teledentistry company’s clear aligners.