Globally, mental health is a serious issue that needs to be addressed.
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78% of adults say the pandemic has been a significant source of stress
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264M people are affected by depression globally; it is one of the main causes of disability worldwide
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75-85% of people with mental disorders receive no treatment because of stigma, cost, and accessibility.
Nurosene Health Inc. ( $MEND $MEND.c ) is a health technology company focused on providing healthy mind, body, and brain habits to improve daily mental wellness and overall brain health.
Focus on a 4x4 method:
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4 therapeutic fundamentals that target 4 different human structures: the spinal cord, peripheral nerve, cerebral cortex, and brain stem
$MEND's mobile application, The Nuro App, provides users with habit-forming strategies and focuses on daily mental health performance
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Teaches the value of brain health and how it supports physical health -> micro-actions can lead to macro results
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Focus on sleep, movement, nutrition and mental to assess depression, anxiety, stress, and behavior
Nuro App features:
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Activities
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Blogs
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Journal
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Nuro Power Score
The global market size for mobile health applications (mHealth) is expected to reach USD $310 billion by 2027.
Comparable valuations:
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Calm (meditation, sleep relaxation app) $2B valuation
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NOOM (weight loss) $3.7B valuation
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Kry (doctor appointments) $2B valuation
$MEND has a highly experienced management team supported by experts with extensive experience in tech, neuroscience, mental health, and capital markets. Plus, it is supported by big names like NFL Star Richard Sherman and Olympian Michael Phelps.
I recently downloaded The Nuro App and can post updates on how I'm liking it!
You can check out $MEND's investor presentation here:
https://cdn.sanity.io/files/18g0k2jo/production/6447b0967d9b200435dc3e248f31fb51ab76b510.pdf