appliedvr

appliedvr

For the first time, a virtual reality device received approval from the Food and Drug Administration to address pain.

Los Angeles-based therapeutic virtual reality startup AppliedVR's device to ease chronic lower back pain gained FDA approval this week.

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When Matthew Stoudt co-founded AppliedVR in 2015, few were talking about using virtual reality as a way to treat pain.

Now, the Los Angeles-based startup is awaiting approval from the Food and Drug Administration for one of its signature products to manage chronic lower back pain through its VR platform, and aims to ease people off high doses of opioids.

AppliedVR got a boost this week, raising $36 million in Series B funding. Investors included health care-focused firms F-Prime Capital and JAZZ Venture Partners. The funds will go to hiring and moving the company's suite of VR products through the FDA pipeline.

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It's hard to overstate just how painful a process treating burn victims is – for burn victims, air itself is excruciatingly painful. They have to undergo weeks of undressing wounds, cleaning the tender skin of debris, slathering the area with ointment, and redressing it with new bandages, and it is considered one of the most physically painful treatments in medicine. To combat this, most patients rely on consistent and heavy opioid usage.

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