Better Therapeutics Signs Rebate Agreement With Pharmacy Benefit Managers For Its AspyreRx Diabetes Treatment; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Better Therapeutics (BTTX) has entered into a rebate agreement with pharmacy benefit managers for its AspyreRx diabetes treatment. While financial terms were not disclosed, this agreement is seen as a crucial step towards achieving widespread coverage for AspyreRx.
February 06, 2024 | 2:48 pm
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Better Therapeutics has signed a rebate agreement for its AspyreRx diabetes treatment, aiming for broad coverage. Financial details remain undisclosed.
The signing of a rebate agreement with pharmacy benefit managers is a positive development for Better Therapeutics, as it represents a significant step towards securing broad coverage for its AspyreRx diabetes treatment. Although the financial terms were not disclosed, the agreement is likely to enhance the company's revenue prospects and market penetration for AspyreRx. The positive impact on BTTX's stock price in the short term is anticipated due to the potential for increased sales and market share.
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