Better Therapeutics shares surged in the extended session Monday after the company got FDA approval for its smartphone-based behavioral diabetes therapy.
Better Therapeutics Inc. shares surged in the extended session Monday after the digital therapeutics company got Food and Drug Administration approval for its smartphone-based behavioral diabetes therapy.
The... Better Therapeutics Inc. shares surged in the extended session Monday after the digital therapeutics company got Food and Drug Administration approval for its smartphone-based behavioral diabetes therapy. The FDA approved the San Francisco-based company’s AspyreRx prescription digital therapeutic, or PDT, to “provide cognitive behavioral therapy to patients 18 years or older with Type 2 diabetes,” the first PDT to provide such a therapy for a nutritional indication.
“We see this as a big milestone for both Better Therapeutics and the PDT class, as it is Better Therapeutics’ first approved PDT and the first PDT approved to deliver nutritional cognitive behavioral therapy,” Rhyee said in a note late Monday.
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