is lyra health publicly traded
Lyra Health does not currently have an official ticker symbol because this company is still private. A study published in the Journal of Medical Internet Research, led by Lyras director of clinical product Anita Lungu, recorded a significant decrease in anxiety or depression symptoms after 5 sessions among 385 patients, although it did not include a control group. Intraday Data provided by FACTSET and subject to terms of use. To read this article and more news on Lyra Health, register or login. 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. Which types of acquisition does this organization make most frequently. The firms proprietary XTreo deliver medicines. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. Source: Kantar Media. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. Log in. 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. Lyra Health is a provider of comprehensive mental health care benefits for employers. Lyra Therapeutics does not offer a direct stock purchase plan. "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 Therapeutics was incorporated as a Delaware corporation on November 21, 2005 under the name WMR Biomedical, Inc. On July 16, 2018, the name was formally changed to Lyra Therapeutics, Inc. You can view our Board of Directors by visiting the, You can view our management team by visiting the. To succeed, Lyra must make a compelling sales Changing the Public Narrative of Therapy The all time high for this statistics is 8. Each stockholder in question must sign the request for an address change. Before the pandemic, the trends were shifting in favor of both increased use of telemedicine and behavioral health services, but no one could have predicted just how rapid the acceleration would be. Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of -26.47% and 92.42%, respectively, for the quarter ended June 2022. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. 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 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, a Silicon Valley startup, has raised $675M+ in funding to connect employees of companies, such as Facebook, to mental health treatment. Around 50 million people in the U.S. have a mental health condition, and the Covid-19 pandemic is exacerbating two of the most common: anxiety and depression. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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. Telehealth platform Lyra is taking on bigger mental health challenges. Lyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. WebView the latest Lyra Therapeutics Inc. (LYRA) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. 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. Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. We founded Lyra to redefine access to high-quality mental health care for millions of people. 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. Still, in a world where in-office perks are no longer available, mental health might be a key investment to help startup retention. Greater use of primary care services has long been associated with better health, better care, and lower costs. 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. Subscriber Agreement & Terms of Use | 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. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. The technology advances of CGMs and bio wearables allow diabetics to self-monitor the blood sugars that help their well-being. ET by Ciara Linnane Other News Press Releases Stocks That Hit 52 Will Retail Health Really Disrupt Healthcare? Copyright 2019 FactSet Research Systems Inc. All rights reserved. Lyra Health has raised $926.79MM with the following series: Any securities offered are offered by Forge Securities LLC, a registered Broker Dealer and member FINRA / SIPC. AI-Driven Medical Care? We are reaching out to the company and investors for a response to the filing. from 8 AM - 9 PM ET. 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.". The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. International stock quotes are delayed as per exchange requirements. Lyra Health is the leading provider of Workforce Mental Health benefits, serving 10 million global employees and their dependents. Lyra cofounder and CEO David Ebersman says customers are looking to launch the platform right away, instead of waiting for the typical January 1 fiscal year cycle for health benefits. The company counts a wide range of industries among its client base, ranging from Morgan Stanley to Zoom Video Communications. How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? 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. Lyra Therapeutics, Inc. (NASDAQ: LYRA) was in 6 hedge funds' portfolios at the end of September. 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. Which investors participated in the most funding rounds? During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Who is Lyra Therapeutics independent registered public accounting firm? We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Create a list of the investments you want to track. All quotes are in local exchange time. Mental health startups typically focus on treating anxiety and depression. For more details on financing and valuation for Lyra Health, register or login. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? Who are the members of Lyra Therapeutics Executive Team? 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. "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. Their latest funding was raised on Jan 19, 2022 from a Series F round. 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. About ICAS WorldICAS is a leading provider of Employee Assistance Programmes to the business community. ICAS has a long-standing reputation for the provision of culturally responsive, localized care built on a foundation of clinical quality. 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. Lyra Therapeutics went public on April 2, 2020. Prime Unicorn Index notes that the terms surrounding this Series E round include a pari passu liquidation preference with all other preferred, and conventional convertible, meaning they will not participate with common stock if there are remaining proceeds. 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. Nearly 1 billion people worldwide suffer from a mental health disorder. Lyra Therapeutics market cap as of March 01, 2023 is. That effectively means the startup doubled its valuation in a handful of months, suggesting rapid growth or key validation. Lyra Therapeutics went public on April 2, 2020. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Visit a quote page and your recently viewed tickers will be displayed here. Do the numbers hold clues to what lies ahead for the stock? Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. By registering, you agree to Forges Terms of Use. The acquisition builds on the successful existing partnership between the two companies. Lyra Health, which provides mental health benefits for large employers, became the latest healthcare technology startup to hit unicorn status on Tuesday, following a $110 million Series D round. 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. This suggests a possible upside of 620.2% from the stock's current price. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. No significant news for in the past two years. This is a tricky space to play in, considering that mental health can still feel taboo in workplaces and employees might feel uncomfortable turning to their employers for support. Who is Lyra Therapeutics transfer agent and how do I contact them? 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. Lyra Health is funded by Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. Through this acquisition, Lyra will now offer a single source for comprehensive, localized mental health care to more than 10 million members around the world. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. 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. 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. from 8 AM - 9 PM ET. The moment is now to offer better mental health services., Full coverage and live updates on the Coronavirus, This is a BETA experience. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. 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