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Omar Ishrak’s SPAC Buys Allurion To Support Weight-Loss System

 
• By Reed Miller

Allurion markets the Allurion Program, a unique temporary gastric balloon treatment paired with a digital health platform to support weight loss. Supported by $70m in new money from a merger with Compute Health Acquisition Corporation, the company hopes to submit a PMA to the FDA for system later this year.

Obesity Allurion's Balloon
• Source: Allurion Technologies

Allurion Technologies is taking a big step toward global commercialization of its unique weight-loss program by going public through a combination with Compute Health Acquisition Corporation.

Compute Health is the special purpose acquisition corporation (SPAC) led by former Medtronic CEO and Intel chairman Omar Ishrak....

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