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Better Therapeutics BTTX · USD

Health Care · US listing · 🇺🇸 United States

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About Better Therapeutics

Its shares trade under the ticker BTTX. It has been listed since 8 January 2021. In the fiscal year to 31 December 2020, it reported revenue of $8,000 and a net loss of $6.4m. At that date it held total assets of $6.4m and shareholders' equity of −$6.8m.

Better Therapeutics, Inc. operates as a digital therapeutics company, which engages in developing a novel form of cognitive behavioral therapy to address the root causes of cardio metabolic diseases. The company is headquartered in San Francisco, California. The company went IPO on 2021-01-08. The firm is engaged in developing a novel form of cognitive behavioral therapy (CBT) to address the root causes of cardiometabolic diseases. Its lead PDT product candidate, BT-001, is an investigational prescription digital therapy for the treatment of T2D. The investigational therapy is delivered via software that provides a tailored experience to patients designed to help them address the underlying causes of T2D by making meaningful, sustainable behavioral changes. The BT-001 investigational therapy is rooted in the well-studied, gold standard of behavioral modification therapies, cognitive behavioral therapy (CBT). The firm's platform consists of three behavioral therapy, treatment plans and personalization. Its behavioral therapy consists of lessons, skill- building modules, and a mechanism for goal setting. Its treatment plan is the primary engagement interface for patients.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Health Care
Industry
Health Care Technology
Listed since
8 Jan 2021
Employees
54

Leadership

Pay as last reported

  • Mr. Craig JalbertPresident, Chief Executive Officer, Treasurer, Company Secretary, Director, since 2024

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Digital therapeutics platform with BT-001 for T2D treatment
  • 54 full-time employees in San Francisco headquarters
  • IPO on 8 January 2021 for capital growth

Weaknesses

  • Limited employee count of 54 staff members
  • Dependence on single product BT-001 for revenue
  • Early-stage development of digital therapy platform

Opportunities

  • Expansion into cardiometabolic disease markets beyond T2D
  • Growing demand for digital health solutions in US healthcare
  • Partnerships with US healthcare providers for wider adoption

Threats

  • Regulatory hurdles in digital therapy approvals
  • Competition from established health tech firms
  • Market saturation in digital therapeutics sector

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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