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Stock impact report

Dario acquires Twill creating one of the most comprehensive digital health platform across the most prevalent chronic conditions [Yahoo! Finance]

DarioHealth Corp. (DRIO) 
NASDAQ:AMEX Investor Relations: dariohealth.com/our-story
Company Research Source: Yahoo! Finance
Concurrent with the acquisition Dario prices $22.4 million equity financing Company to host conference call today at 8:30am ET . Dial-in and replay information below NEW YORK Feb. 21, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company") announced today that it has acquired Twill, Inc. ("Twill"), a leader in digital-led care. The combination enables Dario to create one of the most comprehensive digital offerings in the market for chronic conditions, spanning a wide spectrum of health and well-being needs from emotional health to the costliest chronic conditions. The transaction creates immediate scale, with three of the top eight national health plans, multiple Fortune 100 employers and several major pharmaceutical companies as customers. The acquisition of Twill is expected to nearly double pro forma 2023 revenue, and gross margins are expected to reach approximately 80-85% by 2025. The acquisition is expected to accelerate market penetration and dri Show less Read more
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