Hinge Health to acquire Cylinder Health for $105 million, expanding into digestive care
read at Endpoints ↗DealPositive
Hinge Health, known for virtual physical therapy, announced it will purchase digestive health startup Cylinder Health.
The transaction is a cash deal valued at $105 million, marking Hinge's latest move to broaden its portfolio beyond musculoskeletal conditions.
By adding Cylinder's digestive care platform, Hinge aims to treat additional chronic conditions and diversify its digital health offerings.
The acquisition reflects a growing trend of virtual therapy companies expanding into new therapeutic areas.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Hinge Health will buy Cylinder Health for $105M to enter digestive care”
read at Endpoints ↗92 words · retrieved Aug 4
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