Sandoz Terminates its Prescription Digital Therapies Agreement with Pear Therapeutics

Shots:

• Pear Therapeutics will solely be responsible for commercialization of its prescription digital therapeutics (PDTs), reSET and reSET-O, therapies to treat substance use disorder (SUD) and opioid use disorder (OUD) respectively
• In Apr’2018, the companies collaborated to develop and commercialize PDTs. The termination of prescription app deal is a part of Sandoz transformation and subsequent leadership change resulted in a reinforced focus on and capital allocation for Sandoz’s core business
• Sandoz will continue to partner with Pear and support the commercial efforts through a transition period to ensure patients access to reSET and reSET-O. reSET is a 90-days PDT intended to provide CBT while reSET-O is an 84-days PDT intended to increase retention of patients in outpatient treatment by CBT

Click here to­ read full press release/ article | Ref: Sandoz| Image: Pear Therapeutics