What You Should Know: XRHealth received a patent to measure sway and conduct a fall risk assessment in virtual and augmented reality. XRHealth, the leader in extended reality and therapeutic telehealth applications, announces today that they received a patent to measure sway and conduct a fall risk assessment using virtual reality and augmented reality therapy. Assessing Postural Sway in Virtual Reality or Augmented Reality Patent The patent is entitled “Assessing
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain
What You Should Know: - AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M. - Following
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management
What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care
Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is making imaging better and easier. Still, we’re only starting to scratch the surface of some amazing advances that promise to entirely reshape how doctors diagnose and treat patients. As with
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TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses
What You Should Know: - TRIPP, a Los Angeles, CA-based XR wellness and digital psychedelic platform, today announced its continued expansion beyond virtual reality into augmented reality (AR), launching on Nreal’s mixed reality glasses in Japan, Korea, Hong Kong, Germany and Spain. TRIPP was also selected as one of six companies to join T-Mobile’s Wellness Accelerator Program, working directly with technologists and business leaders at T-Mobile to build other 5G-powered experiences that
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Osso VR Launches VR-based Surgical Proficiency Assessment Tool
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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