Better Therapeutics and Glooko Announce Partnership to Accelerate Adoption of AspyreRx to Treat Type 2 Diabetes in the United States
05 January 2024 - 6:00AM
Business Wire
Better Therapeutics Inc. (NASDAQ: BTTX), a pioneer in developing
prescription digital therapeutics (PDTs) for treating
cardiometabolic diseases, and Glooko, Inc., a global leader in
chronic condition management, today announced a partnership to
integrate Better Therapeutics’ AspyreRx™ digital behavioral
treatment for type 2 diabetes (T2D) into Glooko’s diabetes
management platform. This collaboration will enable healthcare
providers in the United States who use the Glooko platform to
identify suitable patients for AspyreRx, facilitate prescriptions,
and track patients throughout their treatment.
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In the United States alone, Glooko’s solutions have aided over
3.4 million people with diabetes and are utilized in nearly 5,000
clinic locations. AspyreRx will be accessible on the Glooko
healthcare provider (HCP) platform in the U.S. as a new treatment
option. Additionally, by leveraging Glooko’s 'precision engagement'
functionality, patients who are suitable candidates for AspyreRx
will be flagged for healthcare providers.
“We are very pleased to partner with Better Therapeutics to add
AspyreRx to the Glooko platform,” stated Russ Johannesson, CEO of
Glooko. “This partnership will facilitate access to an important
new treatment option for healthcare providers in the Glooko
network, enabling them to better manage their patient populations
and enhance health outcomes for patients with T2D.”
Frank Karbe, CEO of Better Therapeutics, said, “Glooko is an
ideal partner for us to support the adoption of AspyreRx, given the
extensive overlap between providers using the Glooko platform and
those we have identified as early adopters for AspyreRx. Glooko’s
precision engagement has the potential to accelerate access to
AspyreRx for patients who may benefit from this innovative new
treatment.”
About Glooko
Glooko improves health outcomes of people with chronic
conditions through its personalized, intelligent, connected care
platforms. Our proven technologies make lives better by
revolutionizing the connection between patients and providers,
driving patient engagement and adherence via digital therapeutics,
and accelerating the speed of clinical trials. Glooko is globally
deployed in over 30 countries and 8,000+ clinical locations.
For more information visit: Glooko.com LinkedIn.com Twitter
Instagram Facebook
About Better Therapeutics
Better Therapeutics is a prescription digital therapeutics
company developing a novel form of cognitive behavioral therapy to
address underlying factors that sustain or worsen cardiometabolic
diseases. The Company has developed a proprietary platform for the
development of FDA-regulated, software-based solutions for T2D,
heart disease and other conditions. The CBT delivered by Better
Therapeutics’ PDTs is designed to enable changes in neural pathways
of the brain so lasting changes in behavior become possible.
Addressing the underlying causes of these diseases has the
potential to dramatically improve patient health while lowering
healthcare costs. Better Therapeutics’ clinically validated mobile
applications are intended to be prescribed by physicians and
reimbursed like traditional medicines.
For more information visit: bettertx.com
About AspyreRx
AspyreRx (formerly BT-001) was granted marketing authorization
by the FDA in July 2023 as the first prescription-only digital
therapeutic to treat adults with type 2 diabetes (T2D). AspyreRx is
backed by robust data demonstrating clinically meaningful and
sustained reduction in A1c as well as improvements in other markers
of cardiometabolic health when used up to 180 days. Using proven
techniques that target the underlying psychological, behavioral,
and cognitive factors that sustain or worsen T2D, AspyreRx is a
self-paced, engaging experience that patients can access from their
smartphone. It is prescribed by a healthcare provider in 90-day
increments, with proprietary CBT delivered digitally in a weekly
step-by-step process. Through interactive therapy lessons,
skill-building modules, weekly goal setting and tracking, patients
connect changes in behavior to improvements in blood sugar and
other biometrics. Each step in the experience builds on the prior
to enable and reinforce cognitive restructuring, building the
emotional resilience and acceptance needed to make enduring
changes.
Indication for Use
AspyreRx is a prescription-only digital therapeutic device
intended to provide cognitive behavioral therapy to patients 18
years or older with type 2 diabetes. The device targets behavior to
aid in the management of type 2 diabetes in patients who are under
the care of a healthcare provider. AspyreRx provides cognitive
behavioral therapy as a treatment that should be used adjunctively
with standard of care.
Forward Looking Statements
Certain statements made in this press release are
“forward-looking statements” within the meaning of the safe harbor
provisions under the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements are typically
identified by words such as “plan,” “believe,” “expect,”
“anticipate,” “intend,” “outlook,” “estimate,” “forecast,”
“project,” “continue,” “could,” “may,” “might,” “possible,”
“potential,” “predict,” “should,” “would” and other similar words
and expressions, but the absence of these words does not mean that
a statement is not forward-looking. The forward-looking statements
in this press release include, but are not limited to, statements
regarding Better Therapeutics’ expectations related to the efficacy
and potential benefits of PDTs, including AspyreRx and CBT, and
their potential treatment applications and their ability to improve
clinical outcomes, expectations regarding the amendment to the
Hercules debt facility and the outcome and success of cost saving
initiatives, including salary reductions, and operational plans and
their impact on Better Therapeutics’ financial position and cash
runway, and expectations regarding the commercial traction of
AspyreRx and partnering discussions, among others. These
forward-looking statements are based on the current expectations of
the management of Better Therapeutics and are inherently subject to
uncertainties and changes in circumstances and their potential
effects and speak only as of the date of such statement. There can
be no assurance that future developments will be those that have
been anticipated. These forward-looking statements involve a number
of risks, uncertainties or other assumptions that may cause actual
results or performance to be materially different from those
expressed or implied by these forward-looking statements including:
risks related to Better Therapeutics’ business, such as the
willingness of the FDA to authorize PDTs, for commercial
distribution and insurance companies to reimburse their use, market
acceptance of PDTs, including AspyreRx, the risk that the results
of previously conducted studies will not be interpreted favorably
by the FDA or repeated or observed in ongoing or future studies
involving Better Therapeutics’ product candidates and other risks
and uncertainties included under the header “Risk Factors” in
Better Therapeutics’ quarterly report on Form-10-Q for the fiscal
quarter ended September 30, 2023 filed with the Securities and
Exchange Commission (“SEC”) on November 09, 2023, and those that
are included in any of the Company’s subsequent filings with the
SEC.
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Investor Relations and Media Enquiries: Emma Williams
info@bettertx.com
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