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Leading Israeli sleep apnea digital health company Itamar Medical has announced its acquisition of Spry Health in a bid to expand its product offerings into remote monitoring and support for the condition.
Itamar Medical CEO Gilad Glick identified Spry Health as a “perfect fit” to aid the company’s expansion. Of particular interest was Spry’s patented Loop System technology, a wearable device that collects continuous physiological data and flags signs of patient deterioration using biomarkers such as SpO2, heart rate and respiration rate.
Glick commented: “The acquisition of their FDA-cleared, wrist-worn technology and the addition of a knowledgeable pool of selected talented engineers, led by Spry co-founder and CTO Elad Ferber, provides an excellent platform for us to jump start our development initiatives to bring to market a continuous sleep apnea monitoring device to further support chronic disease management, particularly as it contributes to the added
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Itamar Medical Acquires Technology and Assets of Spry Health
Itamar Medical Ltd.January 12, 2021 GMT Enables Itamar to leverage Spry’s existing FDA-cleared technology to bring to market the first device for continuous remote patient monitoring (RPM) of sleep apnea Adds the capability to monitor the longer-term accumulated disease burden of sleep apnea to complement the single night diagnostics commonly used today, including the Company’s existing WatchPAT™ device
Paves the way for an end-to-end digital care pathway that can further expand Itamar’s presence in obstructive sleep apnea (OSA) diagnostics and advance support for chronic cardiovascular and COPD disease management
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