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Stock impact report

Persivia Completes $107M Recapitalization to Drive Next Phase of Growth [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
MCLEAN, Va. April 29, 2025 /PRNewswire/ -- Persivia, a leader in AI-driven digital health solutions, today announced the successful completion of a $107 million recapitalization with Aldrich Capital Partners, a growth equity firm focused on high-potential healthcare and technology companies. With this investment, Persivia is set to accelerate its expansion plans, significantly grow its sales force over the next 12 months, and roll out new AI-powered solutions aimed at driving the next level of operational efficiency and patient management for healthcare organizations nationwide. "This partnership is about more than just capital," said Dr. Mansoor Khan , CEO of Persivia. "It's about launching a national growth strategy and making our platform the first choice for every healthcare organization that wants clean, actionable data and AI-driven tools to support value based care." Dr. Fauzia Khan , COO, added, "The Persivia team has done an incredible job of leveraging AI to build an Show less Read more
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