Fitness & Nutrition

The Beachbody Company, Inc. Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast

Retrieved on: 
Wednesday, April 17, 2024

The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results.

Key Points: 
  • The Company will host a conference call at 5:00 p.m. (Eastern Time) that day to discuss the results.
  • The toll-free dial-in for the conference call is (833) 470 1428 (U.S. & Canada), or +1 929 526 1599 (all other locations).
  • A live webcast of the conference call will also be available on the Company’s investor relations website at https://investors.thebeachbodycompany.com/ .
  • For those unable to participate in the conference call, a replay will be available after the conclusion of the call on May 6, 2024 through May 13, 2024.

Allurion Closes $48 Million Convertible Senior Secured Note Financing with RTW Investments

Retrieved on: 
Wednesday, April 17, 2024

Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced the closing of a $48 million convertible senior secured note financing with certain entities managed by RTW Investments, LP (“RTW”).

Key Points: 
  • Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced the closing of a $48 million convertible senior secured note financing with certain entities managed by RTW Investments, LP (“RTW”).
  • "RTW’s investment underscores our shared belief in the long-term potential of the Allurion Program,” said Dr. Shantanu Gaur, Founder and CEO of Allurion.
  • The investment furthers our long-term partnership with RTW and provides us additional flexibility to achieve our long-term goals,” Dr. Gaur continued.
  • “We are pleased to strengthen our relationship with Allurion as it continues its mission to end obesity around the world.

Ilant Health Extends Seed Round to $5.5 Million, Attracting New Investors and Accelerating Growth

Retrieved on: 
Wednesday, April 17, 2024

Ilant Health , a pioneering leader in value-based obesity management and cardiometabolic health solutions, announced today the extension of its seed round of fundraising from $3 million to $5.5 million.

Key Points: 
  • Ilant Health , a pioneering leader in value-based obesity management and cardiometabolic health solutions, announced today the extension of its seed round of fundraising from $3 million to $5.5 million.
  • The decision to extend the seed round comes on the heels of Ilant’s accelerating traction due to its robust clinical model and proprietary analytics.
  • Notably, Ilant Health has garnered significant recognition, winning all three World 50 Group Academies — EHIR, HPIR, and PHIR, — and being selected for Highmark and Allegheny Health Network's accelerator, AlphaLab Health.
  • "AlphaLab Health looks for companies to solve problems facing healthcare today,” said Dr. Jeffrey Cohen, Chief Physician Executive at Allegheny Health Network.

Sippingly Revolutionizes the Wellness Tea Shopping Experience

Retrieved on: 
Wednesday, April 17, 2024

Sippingly, the leading online marketplace for wellness teas, is thrilled to announce the launch of its new website , aimed at enriching the customer experience and making the journey to wellness through tea more intuitive, engaging, and personalized than ever before.

Key Points: 
  • Sippingly, the leading online marketplace for wellness teas, is thrilled to announce the launch of its new website , aimed at enriching the customer experience and making the journey to wellness through tea more intuitive, engaging, and personalized than ever before.
  • The new Sippingly website introduces users to a seamless shopping experience, featuring:
    Spectrum of Wellness Teas: From energizing morning blends to calming evening infusions, Sippingly offers teas for every wellness goal.
  • Personalized Wellness Insights and Rituals: Take the quiz and get your tea drinking experience personalized.
  • The new website reflects the desires of tea enthusiasts for a more personalized and informative online shopping experience.

Elevance Health Reports First Quarter 2024 Results

Retrieved on: 
Thursday, April 18, 2024

Operating revenue was $42.3 billion in the first quarter of 2024, an increase of $0.4 billion, or approximately 1 percent compared to the prior year quarter.

Key Points: 
  • Operating revenue was $42.3 billion in the first quarter of 2024, an increase of $0.4 billion, or approximately 1 percent compared to the prior year quarter.
  • Elevance Health now expects net income per diluted share to be greater than $34.05 in 2024 and adjusted diluted net income per share to be greater than $37.20.
  • During the first quarter of 2024, the Company paid a quarterly dividend of $1.63 per share, representing a distribution of cash totaling $379 million.
  • Health Benefits is comprised of Individual, Employer Group risk-based, Employer Group fee-based, BlueCard, Medicare, Medicaid, and Federal Health Products & Services businesses.

Metsera Launches to Lead the Next Generation of Medicines for Obesity and Metabolic Diseases

Retrieved on: 
Thursday, April 18, 2024

Metsera, Inc., a clinical-stage biopharmaceutical company accelerating the next generation of medicines for obesity and metabolic diseases, announced its launch today.

Key Points: 
  • Metsera, Inc., a clinical-stage biopharmaceutical company accelerating the next generation of medicines for obesity and metabolic diseases, announced its launch today.
  • “Metsera was purpose-built over the last two years to get ahead of the innovation curve in one of the largest and fastest growing markets in the history of biopharma,” said Clive Meanwell, chief executive officer of Metsera.
  • “We have assembled a portfolio of long-acting injectable and oral agents to address multiple next-generation weight loss goals.
  • “Through optimized combinations of injectable and oral peptides, we aim to establish a cycle of continuous and responsive innovation to address a growing worldwide obesity crisis.”

Lifepoint Rehabilitation Acquires Inpatient Rehabilitation Facility in San Antonio, Texas from Everest Rehabilitation Hospitals

Retrieved on: 
Tuesday, April 16, 2024

Lifepoint Rehabilitation, a business unit of Lifepoint Health®, today announced that it has acquired an inpatient rehabilitation facility in San Antonio, Texas from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company.

Key Points: 
  • Lifepoint Rehabilitation, a business unit of Lifepoint Health®, today announced that it has acquired an inpatient rehabilitation facility in San Antonio, Texas from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company.
  • “We are so pleased to welcome the San Antonio team to Lifepoint,” said Russ Bailey, president of Lifepoint Rehabilitation.
  • “We are pleased to complete this transaction with Lifepoint Rehabilitation,” said Jay Quintana, chief executive officer of Everest Rehabilitation Hospitals.
  • “We know that Lifepoint shares our patient-centered vision for rehabilitation care and that their attention to continued investment in people and technology will promote excellent outcomes for patients in and beyond San Antonio.”
    This transaction is the third between Lifepoint Health and Everest Rehabilitation Hospitals, following Lifepoint’s February 2023 acquisition of four inpatient rehabilitation facilities located in Longview, Texas; Temple, Texas; Rogers, Arkansas; and Cincinnati, Ohio and Lifepoint’s August 2023 acquisition of an inpatient rehabilitation facility in El Paso, Texas from Everest Rehabilitation Hospitals.

‘Bones Love Milk’ Gravity Tour to Bring Elite Skateboarding Event & Competition to Fresno Area

Retrieved on: 
Tuesday, April 16, 2024

The “ Bones Love Milk ” skate team, sponsored by the California Milk Processor Board (creators of got milk?

Key Points: 
  • The “ Bones Love Milk ” skate team, sponsored by the California Milk Processor Board (creators of got milk?
  • ), is hosting an event featuring skateboarding demos by some of the very best skateboarders in the nation and an all-levels skateboarding contest at Lions Park in the Fresno area as part of its popular The Bones Love Milk Gravity Tour.
  • The Bones Love Milk Gravity Tour is a celebration of skate culture in which leading athletes show off their best skateboarding tricks and inspire the audience with each of their signature styles.
  • In addition to the skateboarding events, free locally sourced milk, cookies and swag will be provided to attendees.

Soylent Unveils Complete Protein Powder: Science-Backed Formula Sets New Bar for Protein Powder Category

Retrieved on: 
Tuesday, April 16, 2024

Initially available on soylent.com and amazon.com in both Chocolate and Vanilla, Soylent Complete Protein Powder levels up the protein shake category by offering a blend that is as nutritious as it is delicious.

Key Points: 
  • Initially available on soylent.com and amazon.com in both Chocolate and Vanilla, Soylent Complete Protein Powder levels up the protein shake category by offering a blend that is as nutritious as it is delicious.
  • View the full release here: https://www.businesswire.com/news/home/20240416559806/en/
    New Soylent Complete Protein Powder levels up the protein shake category by offering a blend that is as nutritious as it is delicious.
  • (Photo: Business Wire)
    Soylent’s Complete Protein Powder is a marvel of nutritional science, offering a comprehensive solution to daily dietary needs.
  • Ross Sklar, founder and CEO of Starco Brands, commented, “With Soylent Complete Protein, we have harnessed the power of science to create the world’s most perfect protein powder.

Green Circle Life Expands Availability of Healthy Weight for Life Program for the SmartFHR™ Platform

Retrieved on: 
Tuesday, April 16, 2024

HWFL is an employer-offered weight management program designed to work with individuals to set realistic goals, attain and maintain their desired weight through lifestyle changes.

Key Points: 
  • HWFL is an employer-offered weight management program designed to work with individuals to set realistic goals, attain and maintain their desired weight through lifestyle changes.
  • The program, which provides private, personalized coaching, encourages users to engage in physical activities, nutritional adjustments and monitor weight outcomes.
  • Dinesh Sheth, founder and CEO of Green Circle Life, emphasized, “Health and wellness are at the forefront of HR challenges, and obesity is a national epidemic.
  • Healthy weight is not a 'one and done' 'one size fits all' proposition but rather a constantly evolving journey.