Reported about 12 hours ago
Omada Health has gone public with an initial offering priced at $23 per share, achieving a market valuation of $1.1 billion. This makes it the second significant digital health IPO of 2025, following Hinge Health's successful debut last month. Omada, which specializes in clinical health guidance for chronic diseases, particularly weight management, began trading on the Nasdaq. Despite not being profitable in its 14 years of operation, Omada's user base has expanded through partnerships with major companies and pharmacy benefit managers.
Source: YAHOO