Leading Israeli sleep apnea digital health company Itamar Medical has announced its acquisition of Spry Health in a bid to expand its product offerings into remote monitoring and support for the condition.
Itamar Medical CEO Gilad Glick identified Spry Health as a “perfect fit” to aid the company’s expansion. Of particular interest was Spry’s patented Loop System technology, a wearable device that collects continuous physiological data and flags signs of patient deterioration using biomarkers such as SpO2, heart rate and respiration rate.
Glick commented: “The acquisition of their FDA-cleared, wrist-worn technology and the addition of a knowledgeable pool of selected talented engineers, led by Spry co-founder and CTO Elad Ferber, provides an excellent platform for us to jump start our development initiatives to bring to market a continuous sleep apnea monitoring device to further support chronic disease management, particularly as it contributes to the added burden on cardiovascular disease.”