Press

Pear Therapeutics and Sandoz Announce Deal to Commercialize Prescription Digital Therapeutics

BOSTON and SAN FRANCISCO, April 18, 2018 – Pear Therapeutics, Inc. today announced a deal with Sandoz, a division of Novartis, to commercialize its two lead products, reSET® and reSET-O™. In addition to an upfront payment, the deal includes research and development funding, commercial milestones, and a profit split on net sales of both therapeutics.

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Pear Therapeutics to Present at 38th Annual Cowen Health Care Conference

Boston, March 6, 2018 – Pear Therapeutics, Inc., the leader in prescription digital therapeutics, today announced that Corey McCann, M.D., Ph.D., President and CEO, will present at the Cowen Health Care Conference on Tuesday, March 13, 2018, at 12:30 p.m. ET at the Boston Marriott Copley Place in Boston.

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PEAR Therapeutics to Collaborate with Novartis to Develop Prescription Digital Therapeutics

BOSTON, and SAN FRANCISCO, March 1, 2018—PEAR Therapeutics announced today that it has entered into a collaboration with Novartis to develop novel prescription digital therapeutics for schizophrenia and multiple sclerosis (MS). These digital therapeutics are software applications designed to effectively improve clinical outcomes for patients. The collaboration brings together Novartis’ expertise in neurological disorders, clinical development, and commercialization with PEAR’s leading experience in prescription digital therapeutic design and implementation.

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PEAR Therapeutics to Participate in BIO CEO & Investor Conference and LEERINK Partners 7th Annual Global Healthcare Conference

BOSTON, and SAN FRANCISCO, February 6, 2018—PEAR Therapeutics, the leader in prescription digital therapeutics, today announced that Corey McCann, M.D., Ph.D., President and CEO of PEAR Therapeutics, will present a company update at the annual BIO CEO & Investor Conference taking place on Tuesday, February 13, 2018, at the New York Marriott Marquis in New York. The company also will participate in the LEERINK Partners 7th Annual Global Healthcare Conference taking place February 14-15, 2018, at the Lotte New York Palace Hotel in New York.

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PEAR Therapeutics to Present at 36th Annual J.P. Morgan Healthcare Conference

BOSTON, and SAN FRANCISCO, January 3, 2018—PEAR Therapeutics, the leader in prescription digital therapeutics, today announced that Corey McCann, M.D., Ph.D., President and CEO of PEAR Therapeutics, will present at the annual J.P. Morgan Healthcare Conference on Tuesday, January 9, 2018 at 5:00 pm PST at the Westin St. Francis in San Francisco.

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PEAR Therapeutics Completes $50 Million Series B Financing

BOSTON, and SAN FRANCISCO, January 2, 2018– PEAR Therapeutics, the leader in prescription digital therapeutics, today announced that it has successfully closed a $50 million Series B financing led by Temasek. With this financing, Temasek joins new and existing investors including 5AM Ventures, Arboretum Ventures, JAZZ Venture Partners, Novartis, Singapore-based EDBI, and the Bridge Builder’s Collaborative. PEAR is the first company to receive U.S. Food and Drug Administration (FDA) clearance for a prescription digital therapeutic with claims to improve clinical outcomes in a disease. The financing will allow the company to commercialize its lead programs and further develop its pipeline and platform.

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Pear Therapeutics Wins Fierce Innovation Life Science Award for reSET® Prescription Digital Therapeutic

BOSTON, and SAN FRANCISCO, December 12, 2017 – Pear Therapeutics, the leader in prescription digital therapeutics, has won a Fierce Innovation Award in the Digital Health Solution category for reSET®, the first FDA-cleared prescription digital therapeutic to treat any disease. In randomized clinical studies, reSET demonstrated improvement in the outcomes of abstinence and treatment retention in patients with substance use disorder (SUD). Pear was also selected as “Best in Show” for Best Outsourcing Partner.

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Pear Therapeutics Receives Expedited Access Pathway Designation from FDA for reSET-OTM Prescription Digital Therapeutic to Treat Opioid Use Disorder

BOSTON, and SAN FRANCISCO, October 18, 2017—Pear Therapeutics, the leader in prescription digital therapeutics, today announced that it has received an Expedited Access Pathway (EAP) designation from the U.S. Food and Drug Administration (FDA) for its reSET-OTM Prescription Digital Therapeutic, the first of its kind designed for treating Opioid Use Disorder (OUD).

“The opioid epidemic continues to ravage cities and towns across this country with officials estimating even higher numbers of overdoses in 2017,” said Corey McCann, M.D., Ph.D., President and Chief Executive Officer of Pear Therapeutics. “With states struggling to provide treatment resources, we firmly believe that prescription digital therapeutics will change the way we address opioid dependence. We applaud the FDA for recognizing the need to bring innovative new treatment options to patients and clinicians and we look forward to closely working with them under the EAP program to accelerate access to reSET-O.”

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Pear Therapeutics Selected to Participate in the FDA Precert Pilot

BOSTON and SAN FRANCISCO – September 26, 2017 – Pear Therapeutics, the leader in a new era of prescription digital therapeutics, today announced that the company has been selected as one of nine companies to participate in the FDA’s Digital Health Software Pre-Cert Pilot Program. The goal of the pilot program is to leverage the best processes and principles from all nine participants to inform the development of a new digital health regulatory framework. This announcement follows the recent FDA clearance of the company’s lead product reSET® for Substance Use Disorder (SUD), the first prescription digital therapeutic to treat disease.

“We commend the FDA’s Digital Health Innovation Action Plan initiative and the speed with which they are moving towards building a regulatory pathway to bring these important products to patients,” commented Corey McCann, President and Chief Executive Officer of Pear Therapeutics. “We are honored to be at the table with these eight other companies and the FDA as we help write the new chapter on digital health and digital therapeutics.”

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PEAR Obtains FDA Clearance of the First Prescription Digital Therapeutic to Treat Disease

BOSTON, and SAN FRANCISCO, September 14, 2017– Pear Therapeutics, the leader in a new era of prescription digital therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted Pear’s De Novo request, allowing the company to market reSET® for the treatment of patients with substance use disorder (SUD) under a new class of treatment. This is the first time that the FDA has cleared a Prescription Digital Therapeutic with claims to improve clinical outcomes in a disease.

“This is a defining moment for digital therapeutics and for patients with substance use disorder,” said Corey McCann, President and Chief Executive Officer of Pear Therapeutics. “As the first FDA-cleared Prescription Digital Therapeutic for disease treatment, reSET® has demonstrated improved abstinence and treatment retention in a randomized controlled clinical study. We believe that prescription digital therapeutics hold promise in improving patient outcomes across a wide range of central nervous system disorders including psychiatry, neurology and pain, and will become a vital part of tomorrow’s treatment paradigm across all disease areas.  Pear was impressed by the collaborative approach the FDA took in reviewing this innovative technology.”

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