Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? Our calculations also There have been a number of categories of technology that have seen a bump of usage and interest during this coronavirus pandemic, and sadly or perhaps usefully, depending on how you look at it mental health and wellness startups, aimed at helping our well-being in this trying time, have been one of them. Lyra, which offers an easy-to-use digital platform to connect people with mental health providers, has around 1.5 million members so far, adding more than 800,000 people since the start of the pandemic. Questions Scientists Should Now Explore With Respect To Covid-19, Sustainable Development A Smart Solution for Africa and the Middle East, Eli Lilly To Lower Insulin Prices And Introduce A $35 Out-Of-Pocket Monthly Cap For Commercially Insured And Uninsured Diabetics, The Amazon-One Medical, CVS-Oak Street Mashup: A Cautionary Note On Retails Incursion Into Healthcare Delivery, Colonial, PMHS PTA Leaders Call on School Board to Do More to Fight Hate and Bias After Swastika Found at High School, Making Back to School Better Than Ever, Dutch Judges To Decide Whether Humiras Price And AbbVies Profits Are Too High, human resources software automation company Rippling, study published in the Journal of Medical Internet Research. January 19, 2022 08:00 AM EDT, BURLINGAME, Calif. Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has completed a $235M financing. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. This means international expansion and investment in more clinical services, as well as expanding the companys market segment beyond large employers and aiming at government and commercial health plans. After swirling media reports over the last few weeks that Lyra Health was raising a massive amount of new funding, the Burlingame-based mental health benefits Lyra Therapeutics Inc. is based in Watertown, Mass. The all time high for this statistics is 8. Remote. Fallout As FIFA Appoints Supermodel Adriana Lima As Fan Ambassador Of Womens World Cup, FC Barcelona Officially Announce Signing Of Ronaldinhos Son Joao Mendes, Enhance Mental Health With A Culture Of Gratitude, Kohls Reports Unfavorable Year-End 2022 Results, It's Time To Get Rid Of The Biggest Con Job In Healthcare, Hoda Kotb Absent From Today Show Because Of Family Health Matter, Its Time To Embrace Mental Health Discussions In The Workplace. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Cookie Notice (). Lyra Health is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Where is Lyra Therapeutics corporate headquarters? The average person when starting care in 2020 is feeling more anxious and more depressed than we've seen in any prior year, says Ebersman. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 "Leading companies understand the immediate, critical need to provide effective mental health care for their employees and their families," said David Ebersman, Lyra Health CEO and co-founder. By registering, you agree to Forges Terms of Use. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. Lyra Therapeutics transfer agent is American Stock Transfer & Trust Company, LLC (American Stock Transfer): Please contact our transfer agent, American Stock Transfer, by telephone at, You must send both your old and new addresses to our transfer agent, American Stock Transfer, by U.S. mail. Lyra Health is funded by Because of Covid, economic uncertainty, and conversations around racial injustice, people are really struggling even more, and it's an important time to invest in a service that really will be there for their employees when they need it, says Ebersman, who previously served as chief financial officer of Genentech and Facebook. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. It feels different right now, he says. Which investors participated in the most funding rounds? Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. With this additional capital, Lyra will have the opportunity to further distinguish itself as the leader in mental health domestically and expand internationally to address a global need.". For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. While a randomized controlled trial would be needed to truly determine clinical effectiveness, the study suggests that Lyras teletherapy model could potentially achieve faster results than the typical 12 to 16 weeks of standard treatment. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. In the latest development, it emerged that Lyra Health, a platform that focuses on providing workforces with mental health care, has filed paperwork to raise a $175 million Series E at a $2.25 billion valuation. For more information about Lyra Health's innovative mental health benefits for employers, visit lyrahealth.com. Who are the members of Lyra Therapeutics Board of Directors? It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. Shares can be purchased through a stockbroker of your choice. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy When typing in this field, a list of search results will appear and be automatically updated as you type. Subscriber Agreement & Terms of Use | Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Source: Kantar Media. A Health Data Reality Check, The Time Has Come For Expanding Health Savings Accounts, Why Silicon Valley Is Failing To Address Health Equity, Meet Americas Best Startup Employers 2022, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Sisco is currently co-president and chief financial officer at Workday. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? Lyell Immunopharma (LYEL) Reports Q4 Loss, Tops Revenue Estimates, Theravance Biopharma (TBPH) Reports Q4 Loss, Lags Revenue Estimates, PTC Therapeutics (PTCT) Reports Q4 Loss, Misses Revenue Estimates, Sage Therapeutics, Inc. (SAGE) Reports Q4 Loss, Tops Revenue Estimates, Analysts Offer Insights on Healthcare Companies: Cigna (CI), Idexx Laboratories (IDXX) and Lyra Therapeutics (LYRA), Stocks That Hit 52-Week Lows On Wednesday, Lyra Therapeutics, Inc. (LYRA) Reports Q3 Loss, Misses Revenue Estimates, Important Biotech Catalysts For September 13, 2022 - End Of The Day Summary, Lyra's Mid-Stage Chronic Rhinosinusitis Candidate Study Progressed, Shares Fall, Important Biotech Catalysts For September 8, 2022 - End Of The Day Summary, Lyra Therapeutics's Return On Capital Employed Overview, Lyra Therapeutics, Inc. (LYRA) Reports Q2 Loss, Lags Revenue Estimates. Burlingame, California-based Lyra Health wants to live in offices everywhere. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. The firms proprietary XTreo deliver medicines. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Lyra Therapeutics does not offer a direct stock purchase plan. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. If you own Lyra Health pre-IPO shares and are considering selling, you can find what your shares could be worth on Forges secondary marketplace. One investor noted that the round has not closed yet. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. It also noted that Lyra Healths most recent price per share is $27.47, an up round from the Series D, which priced shares at $14.21. We are reaching out to the company and investors for a response to the filing. One investor noted that the round has not closed yet. No significant news for in the past two years. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. LYRA is not currently paying a regular dividend. All Rights Reserved. "Providing high-quality mental health care for diverse employee populations around the world is one of the most critical and challenging issues for employers today. "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? With the new funding, Lyra will accelerate its delivery of comprehensive, evidence-based, culturally responsive mental health care benefits for employees and their families around the world. Lyra is transforming mental health care using intelligent matching technology, concierge support, and an innovative digital platform to deliver a frictionless experience for members, providers, and employers. WebMental health benefits provider Lyra Health grabbed $235 million in a series F round that boosted its valuation to $5.85 billion. You can also learn more about how to sell your private shares before getting started. LOS ANGELES An indictment was unsealed today charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a Henderson, Nevada-based publicly traded health care company, for allegedly engaging in an insider trading scheme in which he fraudulently used Rule 10b5-1 trading plans to trade Ontrak stock. Update: Discord confirms raising $100M at a valuation of $7B. AI-Driven Medical Care? Telehealth platform Lyra is taking on bigger mental health challenges. Its time to get rid of the biggest con job in healthcare. This suggests a possible upside of 620.2% from the stock's current price. Estimated $76.2K - $96.5K a year. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Dragoneer has a history of partnering with management teams growing exceptional companies characterized by sustainable differentiation and superior economic models. Lyra Therapeutics Inc. is a clinical-stage therapeutics company. The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. BURLINGAME, Calif. , Jan. 19, 2022. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. "Lyra's innovative, evidence-based approach to delivering mental health care, combined with ICAS's extensive local provider network, transforms access to quality mental health care for organizations and their employees and families," said Andrew Davies, CEO of ICAS. Lyra Therapeutics market cap history and chart from 2020 to 2022. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Lyra Health cofounder and CEO David Ebersman. In a rapidly changing, uncertain and stressful time in history, the mental health and wellbeing of employees has never been more at riskor more important for employers to invest in. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Aside from the disclosure on some surveys, Lyra has laid out its data practices in a privacy policy, a more than 5,000-word document that lives at the bottom of its website. The company says the data sharing complies with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which regulates the use of health information. WebPublic Sector Proposal Manager. WebLyra Health, Inc. provides healthcare services. There are currently no items in this Watchlist. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. Who can I contact if I am a member of the media? For the best MarketWatch.com experience, please update to a modern browser. When typing in this field, a list of search results will appear and be automatically updated as you type. But on the flip side, both employees and employers are asking for help. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. One of the biggest challenges in the $280 billion behavioral health market is access, given that only a fraction of the people that actually need care, get it, says Thomas Bremner, partner at Adams Street Partners. Each stockholder in question must sign the request for an address change. Already registered? Lyra Therapeutics was founded in November 2005. /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to cross the $1 billion dollar valuation mark, along with AI-powered sales startup Gong and human resources software automation company Rippling. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. Something went wrong while loading Watchlist. 27, 2020 at 8:42 a.m. An indictment was unsealed today charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a publicly traded health care company, This new funding will help Lyra deliver comprehensive and culturally responsive mental health care for organizations and their employees and families," said Ebersman. Where can I find more information on Lyra Therapeutics R&D programs? EPS $2.61 vs. $2.73 a year ago, beats the FactSet consensus $2.10; stock gains 0.3% premarket, Key question for stock-market investors: Take profits or sit tight in make or break March, Lyra Therapeutics prices IPO at $16 a share, high end of price range, Lyra Therapeutics Completes Trial Enrollment for LYR-220 Rhinosinusitis Treatment, These 5 biotech busted IPOs look attractive now that the sectorwide selloff seems over, Lyra Therapeutics, e.l.f. 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is lyra health publicly traded