Firsthand Technology Public Company

Firsthand Technology provides innovative VR therapies and patient solutions, and consulting services to develop VR products and bring them successfully to the market. The company is best known for its two clinical-stage digital therapeutics for the treatment of acute and chronic pain, COOL! and GLOW! These product candidates employ VR pain relief through a combination of distraction, active physical engagement, mindfulness and biofeedback with wearable sensors. In a clinical trial, the VR treatment demonstrated a reduction in pain of more than 30% from baseline. In January 2020, Pear Therapeutics acquired the two apps from Firsthand, which is planning additional applications for post-operative recovery, anxiety/stress, flare-ups, PTSD, addiction and other conditions.