News Report | March 31, 2023
WeightWatchers To Enter Health Care Market With Acquisition Of Sequence Digital
WeightWatchers plans to enter the U.S. health care market after closing its acquisition with Sequence, a digital health platform for clinical weight management that incorporates prescription medications for weight loss. The transaction is valued at $132 million and is expected to close during the second half of 2023. WeightWatchers’ parent company, WW International Inc., which provides weight loss and maintenance, fitness, and mindset services worldwide, announced the plans on March 6, 2023.
After the acquisition closes, WeightWatchers intends to launch a clinical weight management solution that will provide members with an integrated access to prescription medications as well as . . .