Allurion Technologies Inc. focuses on ending obesity with a weight loss platform to treat people who are overweight. Its platform, the Allurion Program, features swallowable and procedure-less intragastric balloon for weight loss (the Allurion Balloon) and offers access to AI-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion Virtual Care Suite. The company is headquartered in Natick, Massachusetts.

Allurion Technologies Inc.

Allurion was founded in 2009 with one mission: end obesity. The Allurion Program combines medical, digital, and nutritional approaches and engages an entire team to jumpstart weight loss and form lifelong healthy habits.

Allurion has already helped thousands of people around the world lose weight, develop lifelong healthy habits, and transform their lives, with over 100,000 balloons placed, and over 1,000,000kg lost worldwide.

10X Capital

Runway Growth Capital

Cogepa

The Family

IDO Investments

Romulus Capital

Novalis LifeSciences

Segulah Medical Acceleration

Jose Almeida

Allurion Technologies

Tune in to this episode of BBC 5 Live Breakfast in the UK, where Dr. Shantanu Gaur explains how the Allurion Balloon works, Prof. Richard Welbourn discusses the growing need for the Allurion Balloon within the UK’s National Health Service (NHS), and we meet Donna, the first ever NHS patient to receive the Allurion Balloon, which helped her lose an amazing 16kg.

Listen to the interview here [7mins 52s]: https://lnkd.in/es_M_FJe

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon #AllurionVCS #VirtualCareSuite #BBC

With secure and enhanced communication between your clinic and your patients, the Allurion Virtual Care Suite is designed to make it easy to build trust, personalize care, and engage patients for longer in their program.

Explore our range of VCS plans here: https://lnkd.in/dyMH_H6k 

*Allurion online survey to VCS users - May 2023 - n=67 respondents. 

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon #AllurionVCS #VirtualCareSuite

In case you missed it…

Allurion was recently featured in an array of UK publications as the Somerset NHS Foundation Trust became the first non-private sector organization in the world to introduce the Allurion Gastric Balloon to its patients.

Meet David Pulford from Somerset in the UK. He was one of the first patients to receive the Allurion Gastric Balloon through the NHS at Musgrove Park Hospital, where the BBC was in attendance to document and broadcast this milestone in healthcare.

To read the BBC article about David’s Allurion Balloon placement experience, click here: https://lnkd.in/eKWNuKQP

#Allurion #AllurionProgram #AllurionPartner #Obesity #WeightLoss #GastricBalloon #Healthcare #MedTech #MedicalDevice #NHS #PR #BBC

Made of durable yet flexible polyurethane and crafted to the shape of the stomach, the Allurion Balloon can help patients to lose 10-15% of their total body weight in approximately four months.*

Transform your offering by becoming an Allurion clinic partner today: https://lnkd.in/dtGSv5iq 

*Ienca et al. Obes Surg. 2020 2. Vantanasiri et al. Obes Surg 2020, 3. Ienca, Presented at TOS Obesity Week, 2020.

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon

We’re excited to announce that we will be participating in the BTIG Snowbird MedTech, Digital Health, Life Science and Diagnostic Tools Conference taking place February 12 - 14, 2024.

Shantanu Gaur, Founder & CEO, and Christopher Geberth, Chief Financial Officer, will attend and be available for investor 1x1 meetings.

Click here to read the press release: https://lnkd.in/e9KW56uv 

#Allurion #AllurionProgram #Healthcare #GastricBalloon #BTIGSnowbirdConference

Our AI-powered weight-loss companion, Coach Iris, is designed to be there for your patients 24/7.

Built in close collaboration with leading global weight-management professionals and Allurion’s behavioral scientists, Coach Iris is available on our VCS+ and VCS Custom plans and can instantly expand the care team by providing always-on support, education, and motivation to patients.

Explore our VCS+ and VCS Custom plans to unlock access here: https://lnkd.in/dyMH_H6k  

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon #AllurionVCS #AllurionVirtualCareSuite #AIinHealthcare

We are delighted to welcome Brendan Gibbons to Allurion as our new Chief Legal Officer and corporate secretary. 
 
Brendan joins Allurion with nearly 20 years’ experience as a chief legal and compliance officer at three separate public companies. In this new role, Brendan will lead Allurion's legal and compliance strategies, playing a pivotal part in guiding our global expansion and upholding our commitment to deliver safe and effective weight loss solutions.
 
Welcome, Brendan!
 
Click here to read the full press release: https://lnkd.in/eWGFp-yA 

#Allurion #AllurionProgram #Obesity #WeightLoss #GastricBalloon #Healthcare #MedTech #MedicalDevice #AllurionPR

The Allurion Program is a holistic weight-loss program centered around the world's first and only gastric balloon that does not require surgery, endoscopy or anesthesia**.

Combined with behavior change support to help your clinic team deliver more effective results for patients, the Allurion Program can result in an average total body weight loss of 10-15% for patients in just 16 weeks*.

Become an Allurion clinic partner today: https://lnkd.in/dtGSv5iq 

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon

*Results at 16 weeks. Raftopoulos, I et al Holyoke Medical Center. Holyoke, MA An Intensive 52 Week Nutritional, Exercise and Behavior Modification Program: Comparing With or Without the Allurion IGB Presented at ASMBS 2018
**In rare cases, the Allurion Balloon may require endoscopic or surgical intervention for removal.

The Allurion Virtual Care Suite is a dynamic weight-loss management suite powered by artificial intelligence and designed to drive all your weight-loss programs to maximize your patient outcomes and satisfaction.

Remote patient monitoring, telehealth and improved care team collaboration – all under one digital umbrella.

Start with the Allurion VCS for free: https://lnkd.in/dyMH_H6k

#Allurion #AllurionProgram #Obesity #WeightLoss #Healthcare #GastricBalloon #AllurionVCS

	Dec '20	Dec '21	Dec '22	Dec '23
revenue		38.24M -	64.21M 67.91%	53.47M 16.73%
cost of revenue		9.05M -	13.48M 48.97%	11.97M 11.23%
gross profit		29.19M -	50.73M 73.78%	41.50M 18.19%
selling and marketing expenses		27.14M -	50.41M 85.69%
general and administrative expenses		8.82M -	15.37M 74.25%
selling general and administrative expenses	4.56K -	35.96M 788,540.35%	65.77M 82.89%	92.88M 41.22%
research and development expenses		5.73M -	16.97M 196.14%	27.69M 63.23%
other expenses	-610 -	-555K 90,883.61%	-1.15M 106.49%
cost and expenses	5.17K -	50.74M 981,579.24%	96.22M 89.62%	132.54M 37.75%
operating expenses	5.17K -	41.69M 806,302.32%	82.74M 98.45%	120.58M 45.73%
interest expense		3.67M -	4.43M 20.67%	10.57M 138.73%
ebitda	-5.17K -	-12.35M 238,758.80%	-31.16M 152.30%	-79.08M 153.80%
operating income	-5.17K -	-12.50M 241,698.84%	-32.01M 156.06%	-79.08M 147.04%
depreciation and amortization		707K -	2.00M 182.74%
total other income expenses net	1 -	3.78M 378,299,900%	-1.17M 130.80%	-1.26M 8.58%
income before tax	-5.17K -	-12.39M 239,520.82%	-37.60M 203.58%	-80.34M 113.67%
income tax expense		3.11M -	143K 95.41%	264K 84.62%
net income	-5.17K -	-12.39M 239,520.82%	-37.74M 204.73%	-80.61M 113.56%
weighted average shs out	107.81M -	46.50M 56.87%	46.50M 0%	35.58M 23.48%
weighted average shs out dil	107.81M -	46.50M 56.87%	46.50M 0%	35.58M 23.48%
eps	0 -	-0.27 Infinity%	-0.81 200%	-2.27 180.25%
epsdiluted	0 -	-0.27 Infinity%	-0.81 200%	-2.27 180.25%

ALUR

COM:ALLURION

Allurion Technologies Inc.

Last Close

0.51

22/11 21:00

Market Cap

64.25M

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