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Tuesday, April 11, 2023

The Gist Healthcare Podcast

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Para Therapeutics Files for Chapter 11 Bankruptcy

Para Therapeutics develops and sells software-based medicines known as prescription digital therapies or PDTs. The company laid off 170 employees last week following two rounds of layoffs in 2022. Its best-known platforms are RESET, a substance use disorder treatment app, and RESET O, which is used to treat opioid use disorder.

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