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. Each stockholder in question must sign the request for an address change. Who is Lyra Therapeutics independent registered public accounting firm? Already registered? Intraday data delayed at least 15 minutes or per exchange requirements. 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. 2023 Forbes Media LLC. The flywheel continues. Its initial product candidates consist LYR-210 and LYR-220 which are in clinical stage. It feels different right now, he says. 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. The company was founded by Carmichael S. Roberts, George M. Whitesides, and Robert S. Langer in November 2005 and is headquartered in Watertown, MA. Since then, a spokesperson says the biotech has seen a sevenfold increase in the use of its employee assistance program. 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. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. Who are the members of Lyra Therapeutics Executive Team? 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. Their LYRA share price forecasts range from $15.00 to $20.00. Lyra Health has raised a total of $910.1M in funding over 8 rounds. After swirling media reports over the last few weeks that Lyra Health was raising a massive amount of new funding, the Burlingame-based mental health benefits By registering, you agree to Forges Terms of Use. 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. Lyra has raised around $275 million to date. Here are two theories on why the economy will continue to be scorching, and what that means for stocks and bonds. Lyra Therapeutics, Inc. is a clinical-stage therapeutics company. Source: Kantar Media. The company's proprietary technology platform, XTreo(TM), is designed to precisely and consistently deliver medicines directly to the affected tissue. Create a list of the investments you want to track. "Her deep expertise in finance and operations at leading global organizations will be significant assets for Lyra as we work together to provide a single source for effective mental health care for the world's greatest companies.". Will Retail Health Really Disrupt Healthcare? 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. One of the biggest challenges in the $280 billion behavioral health market is access, given that only a fraction of the people that actually need care, get it, says Thomas Bremner, partner at Adams Street Partners. Shares can be purchased through a stockbroker of your choice. from 8 AM - 9 PM ET. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Lyra Therapeutics market cap history and chart from 2020 to 2022. Marquee events held by soccers governing body have been hit by controversies over representation and human rights. Learn more about how to invest in the private market or register today to get started. Lyra Health is a provider of comprehensive mental health care benefits for employers. Here is how Lyra Therapeutics, Inc. (LYRA) and Neurocrine Biosciences (NBIX) have performed compared to their sector so far this year. One of the keys to the companys success is using clinical measurement tools to establish improvement over time. You may opt-out by. When is Lyra Therapeutics fiscal year-end? 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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"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. Does Lyra Therapeutics pay dividends and have a dividend reinvestment program? 12 Health Care Stocks Moving In Monday's After-Market Session, Lyra Therapeutics's Return On Capital Employed Insights. WebLyra Health Company Stats Industry Healthcare Founded 2015 Headquarters Burlingame, California Country United States Co-Founder & CEO David Ebersman Forbes Lists #3 Who is Lyra Therapeutics transfer agent and how do I contact them? How can I get a copy of your Annual Report or any other investor materials such as an Investor Relations kit or 10-K? Located in San Francisco-Oakland-Fremont, CA Metropolitan Area. Where can I find recent Lyra Therapeutics press releases? Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019 Refinitiv. If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. 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. ", "We are excited to welcome Robynne to our Board of Directors," said David Ebersman, Lyra Health CEO and co-founder. Lyra Therapeutics went public on April 2, 2020. FC Barcelona have officially announced the signing of club legend Ronaldinho's son Joao Mendes. Lyra Health is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Five years later, Lyra is rapidly expanding, and by the end of this month expects to have delivered its one-millionth session. Mr. Lyra Therapeutics was founded in November 2005. Who can I contact if I am a member of the media? Where can I find more information on Lyra Therapeutics R&D programs? 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. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Lyra delivers clinically proven mental health care for employees and family members across all facets of mental health, from wellness and preventive care to the most severe conditions. 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. The stock price for Lyra Health will be known as it becomes public. supports your people with: Instant access to individualized care, from self-guided programs and mental Kotb has not appeared live on Today since February 17. 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.". You can also learn more about how to sell your private shares before getting started. "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. Contact:Dyani Vanderhorst[emailprotected]m (650) 240-3240, Cision Distribution 888-776-0942 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. Data may be intentionally delayed pursuant to supplier requirements. WhatsApp acquired by Facebook). It is a life-saving technology that assists those with advanced diabetes stay healthier and prolong their lives. You need to use technology to drive scalability without also losing the kind of personalization and the human touch, says Bremner. We are reaching out to the company and investors for a response to the filing. Through its global network, ICAS supports more than 1,500 companies and 6.3 million members and their families. Intraday Data provided by FACTSET and subject to terms of use. Contact:Dyani Vanderhorst[emailprotected](650) 240-3240, Cision Distribution 888-776-0942 Around one in four U.S. adults suffer from a diagnosable mental health condition and depression is one of the leading causes of disability worldwide. As with Discord which confirmed a $100 million round just six months after raising $100 million Lyra Health also recently raised funding specifically a $110 million Series D that catapulted it above a $1 billion valuation. Lyra Therapeutics Inc. is based in Watertown, Mass. How much funding has this organization raised over time? 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. For more information, visit lyrahealth.com and follow us onLinkedIn, Facebook, and Twitter. Now the company has already raised its second funding round of 2021: according to a report from The Information, Lyra Health is raising another $200 million round, this time led by new investor hedge fund Coatue Management. About Lyra HealthLyra Health is the leading provider of Workforce Mental Health benefits, serving 4 million global employees and their dependents. Has Lyra Therapeutics (LYRA) Outpaced Other Medical Stocks This Year? "Lyra's innovative, evidence-based approach to delivering mental health care, combined with ICAS's extensive local provider network, transforms access to quality mental health care for organizations and their employees and families," said Andrew Davies, CEO of ICAS. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. Lyras solution combines one-on-one video sessions with digital exercises to reinforce cognitive behavioral therapy lessons. The Burlingame, California-based company expects to hit more than $100 million in revenue by the end of the year, and the latest funding round brings its valuation to $1.1 billion, according to a company representative. When did Lyra Therapeutics go public? All rights reserved. 3 Wall Street analysts have issued 12-month price objectives for Lyra Therapeutics' shares. 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. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. The paperwork was uncovered by Prime Unicorn Index. As reported by Forbes, Lyra Health was set to bring in around $100 million in revenue by the end of the year at the time of its prior fundraise. All Rights Reserved. Who are the members of Lyra Therapeutics Board of Directors? 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. 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. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand. For the best MarketWatch.com experience, please update to a modern browser. Established in 1987, ICAS has 35 years' experience in contributing to the health and performance of employees and organisations. 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, How do I contact Investor Relations with a question or request? 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. Lyra quickly connects members to an exclusive network of evidence-based providers, mental health coaches, digital wellness tools, and personalized medication programs. For free to explore your options modern browser or selling private company shares, you can register with Forge for! Of our private market or register today to get started, 2020 digital exercises to reinforce cognitive therapy. Later, Lyra Therapeutics, Inc. is based in Watertown, Mass their.... The company and investors for a response to the companys success is clinical. List of the media Street analysts have issued 12-month price objectives for Lyra Therapeutics founded... Your private shares before getting started shares before getting started are interested in buying or selling private company shares you. 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