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BETTER THERAPEUTICS INC - BTTX STOCK NEWS

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About Better Therapeutics Inc. (BTTX)

Better Therapeutics Inc. (NASDAQ: BTTX) is a pioneering healthcare technology company specializing in the development of prescription digital therapeutics (PDTs) aimed at addressing the root behavioral causes of chronic diseases. Operating at the intersection of healthcare, technology, and behavioral science, the company is transforming how chronic conditions such as diabetes, hypertension, and cardiovascular diseases are managed. By leveraging advanced analytics, artificial intelligence, and human coaching, Better Therapeutics offers a scalable, evidence-based alternative to traditional pharmaceutical interventions.

Core Business Model and Revenue Streams

Better Therapeutics’ business model revolves around the development and commercialization of its digital therapeutic solutions. These solutions are designed to be prescribed by healthcare providers and reimbursed by insurance payers, aligning with existing clinical treatment guidelines. The company generates revenue through licensing agreements with healthcare systems, partnerships with insurance providers, and potentially direct sales to healthcare organizations. This model not only integrates seamlessly into existing healthcare workflows but also ensures scalability to impact millions of lives.

Innovative Approach to Chronic Disease Management

At the heart of Better Therapeutics’ value proposition is its focus on treating the behavioral root causes of chronic diseases. Unlike traditional drug therapies that target symptoms, the company’s digital therapeutics combine software-based interventions with human coaching augmented by artificial intelligence. This approach empowers patients to adopt healthier behaviors, leading to improved clinical outcomes and reduced healthcare costs. The solutions are designed to complement, rather than replace, other medical interventions, making them versatile tools in comprehensive care plans.

Industry Context and Market Position

The digital therapeutics industry is a rapidly growing segment within the broader healthcare and technology sectors. As healthcare systems globally face increasing burdens from chronic diseases, there is a pressing need for innovative, cost-effective solutions. Better Therapeutics stands out by offering evidence-based, scalable solutions that integrate seamlessly into existing clinical workflows. The company’s focus on non-drug interventions positions it as a key player in the shift toward preventative and value-based care models.

Challenges and Competitive Landscape

Operating in a highly regulated industry, Better Therapeutics must navigate challenges such as obtaining FDA approvals, gaining clinician adoption, and securing insurance reimbursement. The company faces competition from both traditional pharmaceutical companies and other digital therapeutics firms. However, its emphasis on scalability, evidence-based design, and alignment with clinical guidelines provides a competitive edge. By addressing systemic healthcare challenges, such as the rising costs and prevalence of chronic diseases, Better Therapeutics is well-positioned to drive meaningful change in the industry.

Commitment to Evidence-Based Solutions

Better Therapeutics’ solutions are grounded in well-established clinical evidence, ensuring their effectiveness and safety. The company collaborates with healthcare providers, researchers, and policymakers to ensure its products meet rigorous standards and fit within existing treatment paradigms. This commitment to evidence-based practices enhances its credibility and trustworthiness among stakeholders, including patients, providers, and payers.

The Future of Digital Therapeutics

As the healthcare industry continues to evolve, digital therapeutics are expected to play an increasingly prominent role in chronic disease management. Better Therapeutics is at the forefront of this transformation, offering innovative solutions that address root causes rather than symptoms. By focusing on scalability, integration, and evidence-based design, the company is poised to make a lasting impact on patient outcomes and healthcare costs worldwide.

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Better Therapeutics, Inc. (BTTX) announced the termination of employees and exploration of strategic alternatives, including potential wind-down. The Company faces delisting from Nasdaq unless compliance is regained. Safe Harbor Statement included.
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Better Therapeutics (BTTX) partners with ACLM to offer one million prescriptions of AspyreRx to underserved communities affected by type 2 diabetes, aiming to improve diabetes outcomes in the US.
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Better Therapeutics, Inc. (BTTX) is set to present 180-day outcomes data at the 17th International Conference on Advanced Technologies & Treatments for Diabetes (ATTD) in March 2024. The company will showcase the effectiveness of AspyreRx™ in treating type 2 diabetes, demonstrating significant improvements in various health parameters. Moreover, Better Therapeutics will host an educational session to discuss the benefits of AspyreRx and its combination with glucagon-like peptide 1 (GLP-1) agonists.
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RedChip Companies will air interviews with Better Therapeutics, Inc. (Nasdaq:BTTX) and Biotricity, Inc. (Nasdaq:BTCY) on the RedChip Small Stocks, Big Money™ show on Bloomberg TV. Better Therapeutics offers a groundbreaking approach to managing cardiometabolic diseases with its FDA-authorized product AspyreRx™, showcasing significant outcomes in treating type 2 diabetes. Biotricity revolutionizes cardiac care with remote diagnostic solutions, capturing an 8% market share in cardiology.
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Better Therapeutics (BTTX) receives FDA Breakthrough Device Designation for its novel Cognitive Behavioral Therapy platform to potentially treat metabolic dysfunction-associated steatohepatitis, showcasing promising clinical study results and paving the way for strategic partnerships.
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Better Therapeutics Inc. (NASDAQ: BTTX) has entered into a rebate agreement with a leading Pharmacy Benefit Manager, effective January 1, 2024, providing plan participants the ability to add AspyreRx™ to their formularies with rebate eligibility. This agreement opens up an important pathway for access to treatment for millions of patients with type 2 diabetes, demonstrating recognition of the value proposition of innovative solutions like AspyreRx and representing an important step toward increasing accessibility and coverage of the product for patients in need.
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Better Therapeutics Inc. (NASDAQ: BTTX) has announced the publication of health economic data for its prescription-only digital behavioral treatment for type 2 diabetes (T2D), AspyreRx. The study found that AspyreRx plus standard of care was estimated to be superior to SoC alone, providing more life years and improvements in quality of life at a lower cost. From a healthcare payer perspective, AspyreRx plus SoC was dominant, with gains in quality-adjusted life years (QALYs) and cost savings of $7,343 per patient over the lifetime horizon. The study supports the potential efficacy and economic viability of digital therapeutics, recognizing the cost-effectiveness of integrating digital therapeutics into mainstream clinical practice. The estimated national cost of diabetes in 2022 was $412.9 billion, making the publication of this data crucial in driving sustainable solutions that can benefit both patients and the overall healthcare system.
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Better Therapeutics Inc. (BTTX) and Glooko, Inc. have announced a partnership to integrate Better Therapeutics’ AspyreRx™ digital behavioral treatment for type 2 diabetes (T2D) into Glooko’s diabetes management platform. This collaboration aims to enable healthcare providers in the United States to identify suitable patients for AspyreRx, facilitate prescriptions, and track patients throughout their treatment. Glooko’s solutions have aided over 3.4 million people with diabetes in the U.S. and are utilized in nearly 5,000 clinic locations.
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Better Therapeutics, Inc. (NASDAQ: BTTX) has requested Breakthrough Device Designation from the FDA for its prescription digital therapeutics to treat MASLD and MASH, conditions affecting millions of Americans with no approved treatments. The request follows the successful LivVita Liver Study, showing promising results in reducing liver fat and improving liver health. The company's fiscal year 2023 ended with $4.2 million in cash and cash equivalents.
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Better Therapeutics, Inc. (BTTX) extends cash runway to demonstrate commercial traction with AspyreRx in Type 2 Diabetes. The company negotiated an amendment to its debt facility, implemented cost-saving measures, and expects to improve its financial position by approximately $5 million through the first quarter of 2024.
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FAQ

What is the current stock price of BETTER THERAPEUTICS (BTTX)?

The current stock price of BETTER THERAPEUTICS (BTTX) is $0.0002 as of February 28, 2025.

What is the market cap of BETTER THERAPEUTICS (BTTX)?

The market cap of BETTER THERAPEUTICS (BTTX) is approximately 5.5K.

What does Better Therapeutics Inc. do?

Better Therapeutics develops prescription digital therapeutics that address the behavioral root causes of chronic diseases using AI, software, and human coaching.

How does Better Therapeutics generate revenue?

The company generates revenue through licensing agreements with healthcare providers, insurance reimbursements, and partnerships with payers.

What makes Better Therapeutics unique in its industry?

Better Therapeutics focuses on evidence-based, scalable digital solutions that integrate into existing clinical workflows, addressing root behavioral causes of chronic diseases.

What challenges does Better Therapeutics face?

The company must navigate regulatory approvals, clinician adoption, and payer reimbursement while competing with pharmaceutical firms and other digital therapeutics companies.

How do Better Therapeutics’ products fit into healthcare workflows?

The company’s digital therapeutics align with existing clinical guidelines and can be used alongside traditional medical interventions to improve patient outcomes.

What conditions does Better Therapeutics target?

The company focuses on managing chronic diseases such as diabetes, hypertension, and cardiovascular conditions by addressing their behavioral root causes.

What is the role of AI in Better Therapeutics’ solutions?

AI is used to enhance human coaching and analyze patient data, enabling personalized interventions that drive better clinical outcomes.

Who are Better Therapeutics’ primary customers?

The company primarily serves healthcare providers, payers, and patients seeking evidence-based, non-drug solutions for chronic disease management.

How does Better Therapeutics ensure the effectiveness of its products?

The company’s products are based on well-established clinical evidence and are designed to meet rigorous regulatory and clinical standards.

What is the broader impact of Better Therapeutics’ solutions?

By addressing behavioral root causes of chronic diseases, Better Therapeutics aims to reduce healthcare costs and improve outcomes on a large scale.
BETTER THERAPEUTICS INC

Nasdaq:BTTX

BTTX Rankings

BTTX Stock Data

5.45k
27.20M
48.23%
0.01%
3.9%
Biotechnology
Healthcare
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United States
San Francisco