Business
DarioHealth Enters Into a Partnership With Vitality to Accelerate Penetration Into the Self-insured Employer Market
NEW YORK, March 24, 2020 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario") a pioneer in the global digital therapeutics market, announced today that
About this update from Dariohealth Corp.
[{"type":"text","content":"NEW YORK, March 24, 2020 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) (\"Dario\") a pioneer in the global digital therapeutics market, announced today that it has entered into a partnership with Vitality Group, a global health and wellness company committed to making people healthier. Under the partnership, Vitality will integrate Dario's digital therapeutics for chronic conditions into its current wellness solution platform and co-market the Dario solution to Vitality's existing client base. In conjunction with the partnership, Dario granted Vitality warrants that will become exercisable dependent on the success of the partnership over the next four years, beginning in 2020.\n \n \nDarioHealth's digital therapeutics platform is designed to assist its members in most effectively managing and preventing chronic health conditions, such as prediabetes, diabetes, hypertension and obesity through real-time, personalized health data and analysis, along with individual digital and human coaching by wellness professionals. As part of the Vitality program, employees receive personalized and dynamic health recommendations and resources specific to their needs in a way that meets them where they are in their health journey, while also providing employers the opportunity to amplify their own benefits and programs. These offerings are supported by Vitality's proven expertise in behavioral science and incentive strategies to help employees overcome common decision errors.\nAbout DarioHealth Corp.\nDarioHealth Corp. (Nasdaq: DRIO) is a leading global digital health company serving its users with dynamic mobile health solutions. In today's day and age, knowledge of health and treatment is being democratized, and we believe people deserve to know everything about their own health and have the best tools to manage their condition. DarioHealth employs a revolutionary approach whereby harnessing big data, we have developed a novel method for chronic disease data management, empowering people to analyze and personalize self-diabetes management in a totally new way without having the disease slow them down. DarioHealth has a commercial office in New York with an R&D center in Caesarea, Israel. \nFor more information, visit http://mydario.investorroom.com/. \nCautionary Note Regarding Forward-Looking Statements\nThis news release and the statement...