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Average Multiples and Key Drivers of Digital Therapeutics (DTx) M&A deals in 2023

Lloyd Price

Executive Summary: The average multiples for digital therapeutics (DTx) M&A deals in 2023 are as follows: Enterprise value (EV) to sales: 5.6x Here are some additional insights into DTx M&A deals in 2023: The most active acquirers in the DTx M&A market are pharmaceutical companies, followed by technology companies.

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Encore Health Group and Affiliates Experiences Significant Success with eClinicalWorks V12 and healow Patient Engagement Solutions

Digital Health Global

Chronic pain management provider utilizes digital health IT solutions across the organization for improved workflows WESTBOROUGH, Mass.–(BUSINESS healow Pay : healow Pay has increased Encore Health Group transactions by 300% since January 2023.

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Kanabo Group Appoints Ian Mattioli as Chair of the Board and Secures a £2.5M Minimum Investment Round

Digital Health Global

This funding will support Kanabo’s UK market expansion, further developing its telehealth offering, and accelerating the integration of additional treatments into its digital health platform and medical cannabis product line.

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Third Culture Capital Leads Latest Funding Round for Ciba Health

Digital Health Global

While Ciba Health has been fortunate to have positively impacted thousands of lives through our targeted programs, we look forward to changing even more lives for the better in the future.” Prior to Ciba Health, Clement co-founded Kaia Health Inc., Ciba Health was recently named among NY Digital Health 100 winners for 2023.