Tag

Sequence

All articles tagged with #sequence

"WW International's Stock Skyrockets After Acquisition Deal and Obesity-Drug Related Partnership"
business2 years ago

"WW International's Stock Skyrockets After Acquisition Deal and Obesity-Drug Related Partnership"

WeightWatchers' parent company, WW International, has completed its acquisition of telehealth platform Sequence, which will help it tap into the weight-loss drug market. The company is preparing to launch a new lifestyle program, powered by Sequence, that will offer access to medical weight management. Shares of WW International soared as much as 61% in intraday trading on Tuesday. The platform is a "first-of-its-kind solution that incorporates prescription medications alongside WeightWatchers' proven lifestyle program." The demand for highly sought-after weight-loss drugs, such as Wegovy and Ozempic, has surged in recent years.