Livongo Health joins 2019 IPO boom

Atreca

28/06/2019 15:30

** Digital health company Livongo Health Inc files https://www.sec.gov/Archives/edgar/data/1639225/000119312519185159/d731249ds1.htm#toc731249_12a
 for IPO, becoming the latest healthcare company to join this
year's biotech IPO boom 
    ** Co's platform helps members with chronic conditions like
diabetes to manage their disease with data science-enabled
insights
    ** It had over 164,000 members for its Livongo for Diabetes
digital tool and 679 clients, as of March 31
    ** While the larger IPO market has surged this year, the
biotech sector has offered solid contributions with healthcare
companies like Atreca Inc  BCEL.O  and Akero Therapeutics
 AKRO.O  rising in their debuts  urn:newsml:reuters.com:*:nL2N23Y10E
    ** GlobalData analyst Alessio Brunello says digital health
solutions can help manage healthcare costs but notes achieving
better alignment between hospitals, drugmakers and insurers is
needed before these products become an integral part of modern
medicine

 (Reporting by Tamara Mathias in Bengaluru)
 ((Tamara.Mathias@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 1208; Reuters Messaging:
tamara.mathias.thomsonreuters.com@reuters.net))