What You Should Know: - Osso VR, a San Francisco, CA-based virtual reality-based surgical training company, today announced the launch the of its VR-based multimodal assessment experiences. In addition to adding this capability within its platform, Osso’s platform has also launched in multiple new languages in addition to English, including Japanese, Spanish, German and French to broaden access in the 30+ countries in which it is currently utilized. - Osso VR is the first surgical training
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Ketamine One, OVR Technology Partner to Provide Scent-Enabled Virtual Reality for Patients
What You Should Know: - Ketamine One is now collaborating with OVR Technology to provide a first-of-its-kind VR scent experience as part of its patient treatment programs to provide its INHALE Wellness Platform over an initial term of two years in Ketamine One’s clinics. The INHALE Wellness Platform is an olfactory-enabled VR platform designed to deepen immersion, promote relaxation and help manage stress. As part of the agreement, OVR Technology will provide its proprietary technology and
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Curebase, AppliedVR Partner on Multiple VR Therapy Clinical Trials
What You Should Know: - Curebase, a company committed to democratizing access to clinical studies, and AppliedVR, a pioneer advancing the next generation of digital medicine, today announced a one-year partnership where AppliedVR will deploy the Curebase platform to run five clinical trials assessing the effectiveness of virtual reality-based (VR) therapy to treat chronic pain. - AppliedVR is the most evidence-based therapeutic VR platform for pain management and has been used by
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TRIPP Acquires PsyAssist to Support Patients with VR-Powered Psychedelic Therapy
TRIPP, the fastest-growing digital psychedelics platform today acquired PsyAssist to commercialize a first-of-its-kind offering that supports the psychological healing journey of patients in psychedelic-assisted therapies. Financial details of the acquisition were not disclosed. The acquisition will empower psychotherapists and patients to safely and effectively use TRIPP’s VR, AR, and mobile experiences for ketamine-assisted therapy, and clinical trials of MDMA, and psilocybin
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Rendever Awarded $2M NIH Grant to Research Impact of Virtual Reality on Aging Population
What You Should Know: - Rendever, a Boston-based virtual reality (VR) platform built to help seniors overcome social isolation through shared experiences, announces that it has been awarded a $2M Phase II Grant from the National Institute on Aging (NIA), a division of the National Institutes of Health (NIH). - This grant will fund a registered multi-site clinical trial, in conjunction with the University of California Santa Barbara, to further Rendever’s continued research on the effects
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XRHealth, Reducept Offer Patients Virtual Reality Therapy for Pain Management
What You Should Know: - XRHealth, extended reality and therapeutic apps, announced today that they are working with Reducept to expand their offering to patients for virtual reality therapy for pain management. Virtual reality technology provides exercises that train people suffering from chronic pain on how to gain control over pain, potentially reducing the need for medication. - The XRHealth and Reducept partnership was designed for individuals experiencing ongoing
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health
What You Should Know: - TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Proximie Raises $38M to Expand Augmented Reality Surgical Platform in U.S. & European Markets
What You Should Know: - Proximie, a health technology platform company focused on digitizing operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures. - Founded in 2016 by NHS surgeon Dr Nadine Hachach-Haram, Proximie’s platform enables surgeons
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AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
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VR and AR Simulation Medical Training Can Reduce Medical Errors
Human error is an inevitable event in the practice of any trade, including healthcare and medicine. The errors made in medicine can have many negative effects for patients and healthcare providers. A study out of Johns Hopkins in 2016 found that medical errors accounted for over 250,000 deaths annually in the United States – making it the third leading cause of death in the country (Makary 2016). Research has shown that most medical errors occur during the administration and prescribing stages
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