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DarioHealth Reports First Quarter 2021 Results and Operational Highlights USA - English Announced acquisition of Upright Technologies, expanding into the musculoskeletal and related pain conditions markets Generated Q1 revenue growth of 73% over Q4 2020 and 116% over Q1 2020, driven by organic growth and consolidation of Upright Technologies' revenues effective February 2, 2021 GAAP gross margin was 30.1% in the first quarter, excluding acquisition related amortizations Q1 2021 product gross margin nearly doubled to 44.7% as compared to 24.2% in Q4 2020 Ended the first quarter 2021 with cash ...

DarioHealth Acquires Musculoskeletal Solution Upright for $31M What You Should Know: – DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to Nasdaq rules. DarioHealth Corp, a provid...

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 mill...

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...