LabStyle Innovations Corp. operates as a mobile health (mHealth) company. The company develops and commercializes a patented and proprietary technology providing consumers with laboratory-testing capabilities using smart phones and other mobile devices. The company’s principal operating subsidiary, Labstyle Innovation Ltd., is an Israeli company. Dario The company’s product, Dario, is a mobile, cloud-based, diabetes management solution which includes novel software applications combined with a ‘all-in-one’, pocket-sized, blood glucose monitoring device, which the company calls the Dario Smart Meter. The company is applying its technology to address the estimated worldwide market for diabetic self-monitoring of blood glucose (known as SMBG) market. Dario is a comprehensive system incorporating patented and proprietary technology that combines a software application (commonly known as an app) and cloud-based data services with a novel, all-in-one SMBG device (the Dario Smart Meter) consisting of a lancet (to obtain a blood sample), a device-specific disposable test strip cartridge and a smart mobile device-driven glucose reader adaptor. Sales and Marketing The company’s sales and marketing activities focus on the early adopter diabetics. The company plans to initially focus on insulin dependent diabetic patients. With its initial market launch, the company addresses the European market, as well as Australia and New Zealand. In 2015, the company entered into an agreement with Israel's healthcare HMO; Maccabi Healthcare, to implement a comprehensive Dario digital suite for patients and professionals. Target Markets The principal markets that the company targets for Dario include the European Union, the United States, Australia and New Zealand. History LabStyle Innovations Corp. was founded in 2011. The company was incorporated in Delaware 2011.
labstyle innovations corp
(DRIO:OTC Markets Group Inc - OTCQB)
9 Halamish Street
Caesarea Industrial Park
Phone: 972 4 770 4054
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