Runway Growth Capital Announces a Senior Secured Term Loan of $25 Million to Allurion Technologies Runway to Provide Growth Capital to Fuel Allurion s Global Expansion
News provided by
Share this article
WOODSIDE, Calif., April 6, 2021 /PRNewswire/
Runway Growth Capital LLC ( Runway ), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today the close of a senior secured term loan of $25 million to
Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences. The growth capital is expected to be used to fuel Allurion s global expansion.
Allurion Technologies Announces 5 Million Pound Challenge in Celebration of World Obesity Day
Company completes 1-million-pound challenge and announces goal to treat 150,000 individuals and shed over 5 million pounds globally by 2023 Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences, today announced two major milestones for its Allurion Weight Loss Program with the completion of a 1 million pound challenge launched just last year and the launch of a 5 million pound challenge in celebration of World Obesity Day.
The Allurion Weight Loss Program features the Elipse Gastric Balloon-the world s first and only procedureless medical device for weight loss-and the Allurion
The facility offers high-quality care in an exclusive and luxurious environment Sponsored by Image Credit: Supplied
Dubai’s increasing attraction as a health and wellness destination has paved the way for private healthcare to flourish in the emirate, offering the highest standards and quality care for medical visitors from the region and across the world, not to mention an existing community of citizens and residents with discerning preferences.
Emerging as one of Dubai’s most luxurious medical care facilities providing a first-class environment for diagnostic and wellness pursuits is Valiant Clinic and Hospital. The hospital is boldly setting a trend in the luxury healthcare segment to meet the needs of patients who have the penchant for details when it comes to getting their treatment done.
Gastric balloon helps lose weight without surgery
DUBAI, February 8, 2021 The Elipse Gastric Balloon by Allurion, the world s first and only weight loss device that requires no surgery, endoscopy, or anaesthesia, has been introduced in the UAE and is available across clinics in the country. The Elipse Program supports long-term weight loss through a revolutionary gastric balloon that creates a feeling of fullness by taking up space in the stomach, providing patients with the chance to take a break from dieting and that all too familiar feeling of hunger. Obesity is the leading health problem in the UAE, where the majority of the population has dangerously high body weights. In 2019 Zayed Military Hospital conducted a survey further raising the seriousness of the obesity problem, highlighting that 70% of the Emirati male population were obese.
Allurion Technologies Launches Virtual Care Suite to Transform the Consumer and Provider Experience Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences, today announced a major milestone for its Allurion
TM Weight Loss Program with the launch of its new digital health offering featuring the Allurion TM Health Tracker smartwatch, Allurion Connected Scale, Allurion mobile app, and the Allurion TM Clinic Dashboard, the first in a series of new provider services that make up the Allurion TM Virtual Care Suite.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210126005074/en/