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WHOOP Inc., a prominent provider of health tracking and monitoring services, has reportedly announced a partnership with Field Trip Health Ltd., leader in development and delivery of psychedelic therapies. According to reliable sources, Field Trip will use WHOOP’s Strap 3.0 in order to determine biometric effects of its psychedelic therapies on mental and physiology health.
Field Trip reportedly intends to perform an observational study to understand if its ketamine-assisted therapies, which have been proved to be beneficial in treating mental health conditions including PTSD, anxiety, and depression, could improve physical health as well.
It is to be noted that, Field Trip has acquired WHOOP products and has gained access to additional data insights through a research collaboration and enterprise program. The firm is also planning to open Field Trip Health centers across Europe and North America for delivering their psychedelic therapies.
Dr. Ryan Yermus, Chief Clinical Officer at Field Trip, mentioned in a comment that clinical outcomes from their first three centers in Los Angeles, New York, and Toronto, have been overwhelmingly positive, with a substantial decrease in depressive symptoms, trauma-related symptoms, and anxiety.
If reports are to be believed, the research will initially be conducted on military veterans seeking ketamine-assisted therapies via Basecamp program of Field Trip and then expand to the generic public.
Some studies have already proved that physiological metrics such as slow wave sleep patterns and HRV will be improved via psychedelic therapies of Field Trip, sources confirmed. The potential collaboration between the two companies is to better understand the connection between physiology and mental wellbeing.
As per credible sources, WHOOP was recently valued at USD 1.2 billion after receiving over USD 100 million in a Series E funding round. At present, the company's bands are being used in a COVID-19 vaccine trials and have also been used on the LPGA tour to track the health of sports players.
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