DarioHealth up 57% on CE Mark for glucose monitor

Thinly traded nano cap DarioHealth (DRIO +56.7%) is up on whopping 152x surge in volume in response to CE Mark certification for its Dario Blood Glucose Monitoring System that can be used with the latest Apple devices, including the iPhone 8. It can be used with either a 3.5 mm headphone jack or Lightning connector.

CEO Erez Raphael says, "We've been working tirelessly to bring forth a solution that would meet the rigorous standards essential to achieve the CE Mark. We are proud that our organization worked with agility to confirm connectivity to the latest Apple devices. This important milestone will allow us to open to a whole new market segment and re-engage with former Dario users who now have the newest Apple devices. The definite Lighting-enabled prototype has been ready for a long time, and the CE Mark is just the beginning. We will carry on to support our users around the world and, to that end, have begun the formal procedure with regulatory agencies in the U.S., Canada, and Australia."

 

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