News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Indeed, Lyra Health started Lyra Blended Care, which pairs video therapy with online lessons and exercises rooted in cognitive behavioral therapy. Will Retail Health Really Disrupt Healthcare? Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Peizer is However, Lyras clients are actually the corporations they are the ones who pay for the Lyra service. Addressing the industry misfit between needs and technology is key, and there are three areas that must improve. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Copyright 2023 Forge Global, Inc. All rights reserved. Adding ICAS and its localized services in 155 countries is a transformational step as we strive to become the global leader in mental health care and the gold standard for providing fast access to the highest quality care.". "Lyra is dedicated to redefining access to high-quality mental healthcare for both individuals and employers on a global scale," said Sisco. For more information, visit lyrahealth.com and follow us on LinkedIn, Facebook, and Twitter. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. January 28, 2021 Update: Lyra Health filed paperwork with the SEC indicating that it has raised $186.7 million in new equity financing. Fundamental company data and analyst estimates provided by FactSet. Who is Lyra Therapeutics independent registered public accounting firm? Lyra also announced that Kerry Chandler, chief human resources office at the global entertainment and sports company Endeavor, would join the board of directors. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. WebPublic Sector Proposal Manager. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. 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. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. 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. Subscriber Agreement & Terms of Use | All Rights Reserved. Each stockholder in question must sign the request for an address change. Our calculations also Do the numbers hold clues to what lies ahead for the stock? The clinical stage therapeutics company, which specializes in ear, nos Lyra Therapeutics, Inc. (LYRA) delivered earnings and revenue surprises of 4.76% and 12.44%, respectively, for the quarter ended September 2022. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. Shares of Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, soared 32% in their trading debut Friday, after the company's initial public offering priced at the top end of the Lyra Therapeutics Inc. , a biotech specializing in treatments for ear, nose and throat diseases, priced its initial public offering late Thursday at $16 a share, the high end of its price range. One such customer is Genentech, which began partnering with Lyra in October 2018. Lyra has raised around $275 million to date. WebLyra Therapeutics to offer 3.5 million shares in planned IPO, priced at $14 to $16 each Apr. It feels different right now, he says. Is Lyra Health a public company? Where was Lyra Therapeutics incorporated? from 8 AM - 9 PM ET. 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. During the pandemic, Lyra Health has brought on 80,000 new users, to a total of 1.5 million users last reported. Companies around the world will now have a single source for innovative, evidence-based, culturally responsive mental health benefits for employees and their families. It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. Lyra Health serves patients worldwide. International stock quotes are delayed as per exchange requirements. "Leading companies understand the immediate, critical need to provide effective mental health care for their employees and their families," said David Ebersman, Lyra Health CEO and co-founder. We intentionally named our program Lyra Mental Wellness to help reduce the stigma around seeking mental health care, the company said in a statement. WebLyra Therapeutics is traded on the NASDAQ Global Select Market under the symbol LYRA. ICAS provides counselling services 24/7, 365 days a year through a direct network of 49 local offices and a total presence in 155 countries delivering services using more than 40,000 mental health providers. When typing in this field, a list of search results will appear and be automatically updated as you type. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 An indictment was unsealed today charging Terren S. 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"As the demand for mental health care accelerates worldwide, I am honored to join them in the quest to deliver a powerful support system for companies and their employees. Privacy Notice | Please check your download folder. With this acquisition, Lyra and ICAS are setting a new standard for global mental health care. Lyra Health is looking for a Proposal Manager to own complex proposal projects from start to finish, with an emphasis on public sector proposals. A Health Data Reality Check, The Time Has Come For Expanding Health Savings Accounts, Why Silicon Valley Is Failing To Address Health Equity, Meet Americas Best Startup Employers 2022, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Discover how retail giants and tech firms will bring revolutionary changes to healthcare delivery by 2023 and beyond - learn more about the potential of retail healthcare dominating the market share. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Where can I find recent Lyra Therapeutics press releases? Lyra Health does not currently have an official ticker symbol because this company is still private. Kocher and Roberts continue to serve on the board, while Bravata left the company. Their LYRA share price forecasts range from $15.00 to $20.00. Past backers of the company include Adams Street Partners, Tenaya Capital, Meritech Capital Partners, IVP and Greylock. Lyra Therapeutics Market Cap 2020-2022 | LYRA. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. This means international expansion and investment in more clinical services, as well as expanding the companys market segment beyond large employers and aiming at government and commercial health plans. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Assertio (ASRT) Soars 5.1%: Is Further Upside Left in the Stock? The $110 million Series D raise comes on the heels of a $75 million Series C closed in March. Log in. The World Health Organization estimates that the loss in productivity due to depression and anxiety alone costs the global economy $1 trillion each year. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT). The clinical and technological innovations from Lyra and the global expertise from ICAS are a category-defining match. 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. Currently, Lyra Therapeutics does not offer a dividend or a dividend reinvestment program. An indictment was unsealed today charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a 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. Telehealth platform Lyra is taking on bigger mental health challenges. Dragoneer has been an investor in companies such as Airbnb, Alibaba, Atlassian, AppFolio, Bytedance, Carbon Health, Ceridian, Chime, Datadog, Doordash, Duck Creek, Livongo, Maven, PointClickCare, Procore, Slack, Samsara, ServiceTitan, Snowflake, Spotify, Uber, UiPath, and others. Lyra is trusted by leading companies, including Genentech, a member of the Roche Group; Uber; and VCA Animal Hospitals. Lyra Therapeutics went public on April 2, 2020. For more information and address change forms, contact American Stock Transfer by telephone at, Quarterly & Annual Reports and other investor materials, when available, can be found in, You can view our recent press releases by visiting the, For media inquiries please send an email to, You can view information on our development programs by visiting the, For investor related questions please send an email to, To request additional information, please visit our. For the best MarketWatch.com experience, please update to a modern browser. Intraday Data provided by FACTSET and subject to terms of use. WebLyra Therapeutics, Inc. Common Stock (LYRA) Add to Watchlist Add to Portfolio Quotes Summary Real-Time After-Hours Pre-Market Charts NEWS & ANALYSIS News Press Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Historical and current end-of-day data provided by FACTSET. For more details on financing and valuation for Lyra Health, register or login. "The reality is that we have a disaggregated, fragmented system with a lack of organization around common, transparent, high-quality information.". This browser is no longer supported at MarketWatch. Lyra Health then can connect patients to its network of thousands of therapists for appointments, consultations and check-ins. You can also learn more about how to sell your private shares before getting started. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Is Lyra Therapeutics ' shares and prolong their lives who can is lyra health publicly traded you through the process buying... Site: your image export is now complete three areas that must improve question sign... 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