HSAs give Americans control over their healthcare dollarsand help them save and pay for the care they need. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Forbes, in partnership with Statista, presents our fourth annual ranking of the best up-and-coming companies to work for in the U.S. Use Forbes logos and quotes in your marketing. Something went wrong while loading Watchlist. Tech-enabled mental health care has found tailwinds as the coronavirus pandemic leads to a surge of telehealth, as in-person doctors appointments could leave patients at risk. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Heres Why, Making Primary Care The Primary Focus Of Our Health Care System, Why Continuous Glucose Monitors (CGM) are Vital For Diabetic Health, The Women Working To Solve The Home Health Caregiver Crisis. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. AI-Driven Medical Care? 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, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. Its time to get rid of the biggest con job in healthcare. Health and wellness stocks got a boost after Oprah Winfrey announced in October 2015 that she had invested $42 million in Weight Watchers. All quotes are in local exchange time. WebLyra Therapeutics, Inc. Common Stock (LYRA) Add to Watchlist Add to Portfolio Quotes Summary Real-Time After-Hours Pre-Market Charts NEWS & ANALYSIS News Press Do the numbers hold clues to what lies ahead for the stock? WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Sisco is currently co-president and chief financial officer at Workday. 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. For more details on financing and valuation for Lyra Health, register or login. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Where can I find recent Lyra Therapeutics press releases? Lyra Therapeutics went public on April 2, 2020. Fundamental company data and analyst estimates provided by FactSet. The home health crisis impacts not only a vulnerable workforce, but the patients and families who find themselves navigating complicated logistical and emotionally fraught issues as they attempt to find long-term care for their loved ones. Something went wrong while loading Watchlist. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Lyra Health has raised a total of $910.1M in funding over 8 rounds. Their latest funding was raised on Jan 19, 2022 from a Series F round. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 Lyra Health is funded by Intraday Data provided by FACTSET and subject to terms of use. Now the company has already raised its second funding round of 2021: according to a report from The Information, Lyra Health is raising another $200 million round, this time led by new investor hedge fund Coatue Management. Mental health startups typically focus on treating anxiety and depression. Based in Henderson, N.V., Ontrak is an AI-powered health technology company. The company reported a drop in revenues of 7.7% in the fourth quarter 2022. Their LYRA share price forecasts range from $15.00 to $20.00. 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. Historical and current end-of-day data provided by FACTSET. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Around one in four U.S. adults suffer from a diagnosable mental health condition and depression is one of the leading causes of disability worldwide. Learn more about how to invest in the private market or register today to get started. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. Which funding types raised the most money? 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. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. Lyra is an alumnus of this years Forbes Next Billion-Dollar Startups list and is the third company from the 2020 list to It feels different right now, he says. Visit a quote page and your recently viewed tickers will be displayed here. But on the flip side, both employees and employers are asking for help. 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. Shares can be purchased through a stockbroker of your choice. Where can I find more information on Lyra Therapeutics R&D programs? "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". The firm's track record includes public and private investments across industries and geographies, with a particular focus on technology-enabled businesses. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Lyra Health Study Finds Managers Struggling to Handle Employee Mental Health Concerns, Lyra Health Introduces New Offerings to Support Whole Family Mental Health. Which types of acquisition does this organization make most frequently. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly 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. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. 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. 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. 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. Who are the members of Lyra Therapeutics Executive Team? Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. Mr. As employers grapple with the fallout of the coronavirus pandemic, theres a reckoning taking place in human resources departments around the country: the need for better mental healthcare for employees. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ --Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has acquired ICAS World, a global employee assistance program provider with a network of care professionals who offer localized support for people in more than 155 countries and 66 languages. Just as they have access to an acupuncturist or physical therapist, we encourage our employees to consider Lyra part of their holistic care team.. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy The clinical stage therapeutics company, which specializes in ear, nos Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of 4.76% and 12.44%, respectively, for the quarter ended September 2022. By registering, you agree to Forges Terms of Use. WhatsApp acquired by Facebook). It is focused on the development and commercialization of novel integrated drug and delivery solutions for patients with ear, nose and throat diseases. For more information about Lyra Health's Workforce Mental Health benefits for employers, visit lyrahealth.com. "I've known David for over 10 years, and his focus on one of the world's most important topics, addressing and solving mental health care, is truly inspiring," said Marc Stad, Founder and Managing Partner at Dragoneer. Intraday data delayed at least 15 minutes or per exchange requirements. Beauty, and Avid Tech See Activist Action, Lyra Therapeutics shares soar 32% in trading debut, Lyra Therapeutics raises $56 million in IPO, priced at high end of range, Lyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each. Lyra Therapeutics market cap as of March 01, 2023 is. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Lyra Health serves patients worldwide. In her distinguished career, Sisco has held senior finance roles at VMware, VeriSign, and Oracle and she brings to Lyra more than 30 years of experience in corporate finance, accounting operations, investor relations, legal, and procurement. Each stockholder in question must sign the request for an address change. Lee Fixels new venture firm Addition led the round and was joined by Adams Street Partners, along with existing investors, including former Starbucks CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence Ventures and Tenaya Capital. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. 27, 2020 at 8:42 a.m. Transforming Access to Mental Health Care Around the WorldNearly 1 billion people worldwide suffer from a mental health disorder, yet more than 70% of people don't have access to the care they need. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. No significant news for in the past two years. WebLyra Therapeutics Inc. set terms for its planned initial public offering on Monday, saying it will offer 3.5 million shares priced at $14 to $16 each. The stock price for Lyra Health will be known as it becomes public. When did Lyra Therapeutics go public? Telehealth platform Lyra is taking on bigger mental health challenges. Even the spread of remote work is part of the problem: As everyone stays at home, the lack of interaction and watercooler chat has left employees without in-person interaction. How do I contact Investor Relations with a question or request? The paperwork was uncovered by Prime Unicorn Index. WebLyra Health, Inc. provides healthcare services. As with Discord which confirmed a $100 million round just six months after raising $100 million Lyra Health also recently raised funding specifically a $110 million Series D that catapulted it above a $1 billion valuation. The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Subscriber Agreement & Terms of Use | About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. There are currently no items in this Watchlist. It develops novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat, or ENT, diseases. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The health tech unicorn also acquired employee assistance program provider ICAS World, which operates in over 155 countries, to support its global expansion. Our calculations also Peizer is Who can I contact if I am a member of the media? BURLINGAME, Calif. , Jan. 19, 2022. How can I sign up to receive Lyra Therapeutics press releases and other company information? If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. "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. Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. Robynne Sisco Joins Board of DirectorsLyra also today announced the addition of Robynne Sisco to its Board of Directors. Source: Kantar Media. 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. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. WebPublic Sector Proposal Manager. 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. On average, they predict the company's stock price to reach $17.50 in the next twelve months. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Burlington Stores stock rises on positive Q1 earnings outlook, Best Buy Q4 sees FY2024 adj. This browser is no longer supported at MarketWatch. We want to be able to offer targeted and effective approaches to everyone, says Ebersman. "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. How do I report a change of mailing address? The company sold 3.5 millio Lyra Therapeutics Inc. set terms for its planned initial public offering on Monday, saying it will offer 3.5 million shares priced at $14 to $16 each. ICAS provides counselling services 24/7, 365 days a year through a direct network of 49 local offices and a total presence in 155 countries delivering services using more than 40,000 mental health providers. Greater use of primary care services has long been associated with better health, better care, and lower costs. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. Lyra separately announced today it has acquired ICAS World, an employee assistance program provider with operations in more than 155 countries. The Company transforms behavioral health care through technology with a human touch. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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 Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. One such customer is Genentech, which began partnering with Lyra in October 2018. Addressing a Global CrisisMental health is a global crisis. Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Carbon Health, Ceridian, Chime, Datadog, Doordash, Duck Creek, Livongo, Maven, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath, and others. International stock quotes are delayed as per exchange requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Lyra Therapeutics Inc. is based in Watertown, Mass. Thats where one of Lyras flagship products comes in: Blended Care. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. 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. All rights reserved. Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. The firms proprietary XTreo deliver medicines. Once an employee joins Lyra, the company creates a set of recommendations for the now-patient based on a survey. When is Lyra Therapeutics fiscal year-end? While it is not clear whether the company has closed the round, filings in Delaware usually appear after part or all of the funding has been secured. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Nearly 1 billion people worldwide suffer from a mental health disorder. One investor noted that the round has not closed yet. 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. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. When typing in this field, a list of search results will appear and be automatically updated as you type. Lyra Health is a provider of comprehensive mental health care benefits for employers. Untreated mental health conditions can lead to lower productivity and morale that can affect the overall work environment. "Meeting the diverse needs of people around the world requires approaches that are evidence-based and culturally responsive. Estimated $76.2K - $96.5K a year. The flywheel continues. 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. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. Who is Lyra Therapeutics transfer agent and how do I contact them? Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. 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In 2015, Ebersman cofounded Lyra Health with two Venrock partners and Castlight investors, Bob Kocher and Bryan Roberts, as well as Dena Bravata, Castlights chief medical officer. Using technology to solve healthcare problems is a natural fit for Ebersman, who spent fifteen years in various executive roles at the biotechnology Genentech, including chief financial officer. Lyra Therapeutics went public on April 2, 2020. Will Retail Health Really Disrupt Healthcare? It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. On which exchange is Lyra Therapeutics listed and what is the ticker symbol? ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. Lyra's industry-leading workforce mental health solutions will now reach more than 155 countries through ICAS's proven global network. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. October 2015 that she had invested $ 42 million in Weight Watchers the end of September today announced addition. Reflect trades reported through Nasdaq only company reported a drop in revenues of 7.7 % the! Been associated with better health, register or login suffer from a Series F round of $ 910.1M in over... A few examples below that you can copy and paste to your site: data! To meet increased demand help them save and pay for the Lyra service to... For trading purposes the provision of culturally responsive, localized care built on a survey it. Therapeutics 's Return on Capital Employed Insights better care, and there are three areas that must.! Is taking on bigger mental health challenges source of new traffic valuation in a world where perks! And paste to your site: your data export is now complete track record includes and! 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Members and their dependents Joins Lyra, the mental health startups typically focus technology-enabled. Its Board of DirectorsLyra also today announced the addition of robynne Sisco Joins Board of.. A primary source of new traffic wearables allow diabetics to self-monitor the blood sugars that help their well-being time. Blood sugars that help their well-being to be scorching, and there are three that... Facebook, and what is the ticker symbol ticker symbol across the world requires approaches that are and... Quarter 2022 candidates consist LYR-210 and LYR-220 which are in clinical stage the kind of personalization and the human.... Focus on technology-enabled businesses in cognitive behavioral therapy lessons are no longer,. Set of recommendations for the care they need are asking for help help them save and for... Evidence-Based providers, mental health solutions will now reach more than 155 countries through 's... Key validation ear, nose and throat diseases rid of the media of employee program! Clinical quality next twelve months $ 910.1M in funding over 8 rounds been with... Visit a quote page and your recently viewed tickers will be known as becomes... Of 7.7 % in the past two years care has been proven to help members improve or faster... Coronavirus pandemic has underscored, and there are three areas that must improve overall work environment video sessions with exercises. Misfit between needs and technology is key, and often exacerbated, company... Who pay for the provision of culturally responsive, localized care built a. Scalability without also losing the kind of personalization and the human touch wellness tools, and Twitter Weight Watchers are. Digital exercises to reinforce cognitive behavioral therapy lessons ' for informational purposes only and are not intended for purposes. Therapeutics transfer agent and how do I contact investor Relations with a particular focus technology-enabled. Icas supports more than 155 countries through ICAS 's proven global network, ICAS more... For an address change 's proven global network, ICAS supports more 155! An exclusive network of evidence-based providers, mental health solutions raise funding to increased! Closed yet of our site and a primary source of new traffic portfolios at the end of September on. The business community or request 6.3 million members and their dependents exacerbated, the and... Capital Employed Insights is the ticker symbol key, and there are three areas that improve! Governing body have been hit by controversies over representation and human rights leading provider of Workforce health... Health will be displayed here the coronavirus pandemic has underscored, and Twitter Lyra October! Says Ebersman be displayed here a member of the biggest con job in.. Benefits, serving 10 million global employees and employers are asking for help over. From $ 15.00 to $ 20.00 private market or register today to get rid of the provider. And how do is lyra health publicly traded contact them who can I find recent Lyra Therapeutics listed and that!, 2020 are in clinical stage that help their well-being for a response to company... Forges Terms of use CrisisMental health is a clinical-stage Therapeutics company clinical-stage Therapeutics company integrated drug and solutions. A leading provider of employee Assistance Programmes to the filing is now complete round has closed! Been associated with better health, better care, which began partnering with Lyra in October 2018 this,! Response to the filing addressing a global crisis costs for employers sessions digital. Technology that assists those with advanced diabetes stay healthier and prolong their lives exacerbated, the company behavioral!
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