Bone Health Technologies Acquires Wellen

Bone Health Technologies (BHT), a leading medical technology innovator developing breakthrough non-pharmacological solutions to improve bone health and reduce fractures, has acquired Wellen, a Brooklyn-based health technology company reinventing exercise-based osteoporosis care as a personalized and science-backed solution.

 

The acquisition of Wellen is a major step toward achieving BHT’s vision of a comprehensive, one-stop, multi-modal bone health solution.

 

Wellen CEO Priya Patel will join Bone Health Technologies as Chief Product Officer to drive the development of layered services and provide the best possible outcomes for people with low bone density.

 

“We’re thrilled to welcome Wellen to the BHT team,” said Laura Yecies, CEO of Bone Health Technologies. “One in two women and one in four men will suffer an osteoporotic fracture in their lifetime. Priya and the Wellen team have built the gold standard for personalized exercise-based care designed by physical therapists to strengthen bones and reduce the risk of falls and fractures. The Wellen program will bring tremendous value to our platform.”

 

“Anticipation is high for the launch of Osteoboost among both patients and healthcare professionals, and our science-backed osteoporosis exercise platform is a natural fit,” said Wellen’s Patel. “New treatments for low bone mass have been few and far between for a long time and too often have focused on a single type of treatment. I couldn’t be happier to join BHT and continue making a difference for people with low bone density.”

 

BHT’s prescription-only, FDA-cleared Osteoboost vibration therapy belt will anchor the compnay’s multi-modal bone health solution. Osteoboost is a Class II De Novo Breakthrough medical device and will launch later this year.

 

“Osteoboost is the therapeutic anchor to BHT’s holistic, non-pharmacological approach to bone health. By layering customized exercise, nutrition, tracking, and more, we will be able to offer patients not only convenience but better results and a stronger, more active life,” Patel continued. 

 

The Osteoboost, will feature the precision-targeted vibration therapy belt as part of a 360° bone health solution, personalized based on science to increase overall results and ensure patient success.

 

The Wellen exercise program will remain live and supported for both existing and new members.