Business
The company reported a 77% YOY increase in revenue in Q3 2024 and plans to release a generic version of Novo Nordisk's GLP-1 drug on its platform in 2025.
The acquisition includes Jack's Canadian clinical assets, the authority to operate 16 medical clinics across 13 Canadian cities and the rights to operate clinics in Walmart stores in Canada.
The company offers a marketplace for individuals seeking addiction and mental health treatment. It will use the funds to scale its workforce and expand its reach.
Last week, the wearables company announced it opened an investigation into apparent manipulation in trading its common shares following a 1-for-15 reverse stock split.
The acquisition of data company Sparta Science will allow Oura to expand its data analytics capabilities and its B2B offerings.
The investigation follows shareholder approval of a 1-for-15 reverse stock that took effect earlier this week.
Vineeta Agarwala, general partner at Andreessen Horowitz (a16z) Bio + Health, sat down with MobiHealthNews to discuss knownwell's expansion into Texas.
The employer-focused hybrid care provider will use the funds to scale its operations and expand access to its preventative care model.
The company will use the funds to scale its operations and further develop its technology as it aims to establish gait monitoring as a mainstream tool.
The company's Synapsis AI platform automates complex data readings, which allows for more efficient and optimal clinical research.