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DarioHealth to Participate in 10th Annual SVB Leerink Global Healthcare Conference

Digital therapeutics co Dario raises $70m, buys Upright

Digital therapeutics co Dario raises $70m, buys Upright DarioHealth is paying $31 million to add Upright s musculoskeletal solution to its digital therapeutic platform. Israeli digital therapeutics company DarioHealth Corp. (Nasdaq: DRIO) announced today the signing of a definitive agreement to acquire digital musculoskeletal (MSK) company Upright Technologies Ltd. in a stock transaction. Dario is adding Upright s MSK solution to its digital therapeutic platform, which is one of the most comprehensive multi-chronic condition platforms in the market with 150,000 users. Dario is paying $31 million for Upright with $29.5 paid in stock and $1.5 million in cash, after deducting outstanding debt and making working capital adjustments.

DarioHealth Announces Acquisition of Leading Digital Musculoskeletal Company Upright Technologies and $70 Million Financing

DarioHealth Announces Acquisition of Leading Digital Musculoskeletal Company Upright Technologies and $70 Million Financing USA - English Expands DarioHealth s multi-condition platform into the $213 billion musculoskeletal market and creates one of the most comprehensive digital health platforms Financing supported by leading health care focused institutional investors, including Nantahala Capital Management, LLC, Perceptive Advisors, Driehaus Capital Management, Farallon Capital Management, Pura Vida Investments, and others priced at market pursuant to Nasdaq rules Increases membership to more than 150,000 and combined proforma 2020 full-year revenue to more than $20 million Company to host a conference call today, January 27, 2021, at 8:30 am ET News provided by Share this article

דריו גייסה 70 מיליון דולר ורוכשת את חברת יישור הגב Upright

דריו גייסה 70 מיליון דולר ורוכשת את חברת יישור הגב Upright
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דריו רוכשת את אפרייט, ב-31 מיל ד

דריו רוכשת את אפרייט, ב-31 מיל ד
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