Bayer Signs a License Agreement with Informed Data Systems to Utilize its One Drop Digital Therapeutics Platform

 Bayer Signs a License Agreement with Informed Data Systems to Utilize its One Drop Digital Therapeutics Platform

Bayer Signs a License Agreement with Informed Data Systems to Utilize its One Drop Digital Therapeutics Platform

Shots:

  • Bayer to invest $20M in Series B financing and will provide an upfront of $10M to Informed Data System for developing and commercializing the One Drop technology platform
  • The collaboration will allow Bayer to access One Drop self-care platform for managing across multiple therapeutic areas with strong AI capabilities leading to the better healthcare outcomes for patients with chronic conditions and will support Bayer’s Integrated Care patient services offerings
  • One Drop is an evidence-based, innovative digital therapeutic platform utilizing an integrated patient-facing application, monitor and coaching/behavioral change programs and brings affordable accessible diabetes care to the patients with diabetes

Click here to­ read full press release/ article | Ref: Bayer | Image: Drug Delivery Business

Tuba Khan

Tuba Khan is Senior Editor at PharmaShots. She is curious, creative, and passionate about recent updates and innovation in the Life sciences industry. She covers Biopharma, MedTech, and Digital health segments. Tuba also has an experience of digital and social media marketing and runs the campaigns independently. She can be contacted on tuba@pharmashots.com

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