Pear Therapeutics’ PDTs added to Florida Medicaid Most well-liked Drug Record

Pear Therapeutics’ reSET and reSET-O prescription digital therapeutics can be found to Florida’s 5 million Medicaid sufferers through its Most well-liked Drug Record as of this month.

Pear’s reSET, a cell utility used to assist deal with substance abuse, obtained FDA De Novo clearance in 2017. The Boston-based firm’s reSET-O, used for opioid use dysfunction, obtained 510(ok) clearance in 2018

“The unmet want in habit throughout the U.S. is big, and Florida represents an necessary step in how we’re serving to an increasing number of sufferers by working with states to offer lined entry to our merchandise,” Julia Strandberg, chief business officer of Pear Therapeutics, mentioned in an announcement.

THE LARGER TREND

In November, Pear entered right into a contract with the Wisconsin Division of Well being Companies to supply its reSET and reSET-O prescription digital therapeutics to collaborating suppliers throughout the state’s outpatient therapy settings, together with applications that present prescriptions for buprenorphine, a medication used to deal with opioid dependence.

Earlier this month, Spero Well being introduced its 99 outpatient substance abuse facilities all through Kentucky, Ohio, Indiana, Tennessee, Virginia and West Virginia would acquire entry to reSET and reSET-O. 

The corporate was additionally awarded a contract from the California Division of Healthcare Companies to assist the implementation of a pilot program that gives motivational incentives to people with stimulant use dysfunction.

The publicly-traded firm wasn’t resistant to the various layoffs seen all through the digital well being sector final summer time. 

In July, Pear laid off roughly 25 of its staff, making up about 9% of its full-time workforce, as a result of bigger financial surroundings and the necessity to restructure operations to slim its short-term enterprise focus. 

The layoff announcement got here three months after Pear launched a program to supply its reSET and reSET-O choices through telehealth suppliers. The primary was Pursue Care, which focuses on habit medication. 

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