Nox Health Closes Acquisition of Somryst

Nox Health announced that it has closed the acquisition of Somryst, the first and only FDA-approved prescription digital therapeutic that delivers effective, first-line treatment for adults with chronic insomnia. The addition of Somryst expands Nox Health’s comprehensive suite of tools and programs that address a critical and growing demand for sleep care management for populations suffering from chronic conditions.  With proven outcomes, Somryst is highly effective and perfectly aligns with Nox Health’s mission of transforming the way people sleep.

Sleep disorders represent an important, foundational, but remediable gap in care for people living with chronic conditions. According to the NIH, sleep deprivation is linked to many chronic health problems, including heart disease, kidney disease, high blood pressure, diabetes, stroke, obesity, and depression.1 Chronic insomnia, one of the most common sleep disorders, is highly prevalent and affects approximately 30% of the general population.2 With insomnia, people have trouble falling asleep, staying asleep or getting good quality sleep.

“Today, Nox Health provides the only value-based and outcomes-focused sleep care management program for people suffering from chronic conditions,” said Sigurjon Kristjansson, CEO of Nox Health. “By integrating Somryst into our programs for employers, health plans and health systems, Nox Health will not only be able to substantially increase the rates of adoption and adherence to sleep therapies for millions of people suffering from insomnia, sleep apnea and other sleep disorders, but also measurably reduce the total cost of healthcare.”

Source: Nox Health

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