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MedCity News DarioHealth moves into back pain with $31M acquisition Digital health startup DarioHealth bought musculoskeletal startup Upright for $31 million. The company makes adhesive devices users can stick to their back to track their posture. Shares0 Upright Health makes a small device users can stick on their back to track their posture. DarioHealth acquired the company for $31 million. Photo credit: DarioHealth Investors and health plans are taking a closer look at digital programs for musculoskeletal conditions, hoping to solve common ailments of back and shoulder pain. Last year, O...

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 mo...

Share DarioHealth announced today that it is expanding its digital chronic-disease-management business beyond diabetes and hypertension with the purchase of Upright Technologies, a musculoskeletal (MSK) health company that specializes in connected posture correction devices and digital coaching. The deal is expected to close on or around February 7, and will run DarioHealth $31 million to complete the acquisition. This comes in the form of $1.5 million in cash and $29.5 million in stock – which equates to about 1.7 million DarioHealth shares. Oded Cohen, CEO and cofounder of Upright, wi...

Upright Announces Partnership With Luna To Provide Physical Therapy And Biofeedback Musculoskeletal Treatment To Patients News provided by Share this article Share this article NEW YORK, Dec. 23, 2020 /PRNewswire/ -- Upright Technologies, the leading brand in connected posture back-health management through behavioral change, and Luna, the leading on-demand physical therapy provider, are partnering to deliver revolutionary MSK care to patients. This partnership makes Upright's products and services available to physical therapists who use Luna, delivering complete care to their patients. (PRN...