TORONTO, June 28, 2021 /PRNewswire/ – Newtopia Inc. (“Newtopia” or the “Company“) (TSXV: NEWU), a tech-enabled behavior change supplier targeted on illness prevention, right this moment introduced the outcomes of a weight reduction research carried out by the Company on consumer outcomes through the COVID-19 pandemic. On June 22, 2021, Newtopia introduced these research outcomes on the United Scientific Group’s 6th International Conference on Obesity and Chronic Diseases, a convention which brings collectively the brightest minds in analysis and academia, to share concepts and supply crucial evaluations of the way by which to fight weight problems and associated continual ailments.
A complete of 1,436 U.S. members met the factors for Newtopia’s research. Newtopia offered every participant entry to a tech-enabled digital behavior change expertise designed round that particular person’s well being dangers, genetics, medical historical past, motivation, social determinants of well being and private preferences. The behavior change expertise was additional optimized to handle the distinctive challenges of COVID-19, comparable to elevated stress ranges and meals insecurity. Participants met just about one-on-one with an assigned well being coach, or Inspirator, over the course of the 12 months, in addition to obtained an e-scale, exercise tracker and entry to an interactive app to assist their efforts through the research.
Strong Study Results: Weight Loss and Risk Reduction through the COVID-19 Pandemic
- The eligible research inhabitants was restricted to these members with a physique mass index (BMI) larger than or equal to twenty-eight, indicating that the participant was chubby.
- After 12 months within the behavior change expertise:
- 77% of members misplaced weight;
- 44% of members misplaced greater than 4.3% of their complete physique weight; and
- 22% of members dropped a BMI threat class.
- The common weight reduction throughout members was 4.2%, with a complete mixed lack of 35,833 kilos.
“We are thrilled with the outcomes of this research, which additional demonstrates the effectiveness of Newtopia’s behavior change platform to assist well being insurers stop illness and decrease prices,” stated Jeff Ruby, Founder & CEO of Newtopia. “While over 40% of U.S. adults reported gaining weight through the pandemic, our research, which was carried out throughout Newtopia’s broad ebook of enterprise, resulted in almost 80% of our members shedding pounds through the pandemic, with over 20% dropping a complete BMI threat class. These robust outcomes construct upon the success achieved in our prior randomized managed trial carried out with Aetna leading to a confirmed in-year ROI and proceed to validate the significance of our behavior change platform to each well being insurers and their insured populations.”
Long-Term Study Implications
Obesity has been instantly linked to elevated threat of great problems, together with diabetes, cardiovascular ailments and even most cancers, which in flip leads to important medical prices for self-insured medical health insurance suppliers. As reported by the Aetna Innovation Lab, healthcare prices per particular person can improve from U.S.$3,400 per 12 months for a wholesome particular person to upwards of U.S.$15,000 to $20,000 per 12 months if that particular person sadly develops a number of threat elements past weight problems, together with that of diabetes, coronary heart illness and stroke. This threat of weight problems elevated considerably through the international pandemic, and consequently so too did the potential healthcare prices for self-insured employers. According to a latest research by the American Psychological Association, 42% of U.S. adults reported statistically important weight achieve throughout 2020.
Newtopia’s weight problems research then again confirmed that regardless of the challenges of COVID-19, people collaborating within the Company’s personalised behavior change experiences might nonetheless obtain impactful weight reduction throughout a worldwide pandemic, thus saving their employers in depth medical prices. These outcomes construct upon the Company’s earlier outcomes achieved in a three-year randomized managed trial (the “RCT”) funded by Aetna and revealed within the Journal of Occupational and Environmental Medicine. After a 12-month interval, on common members within the RCT achieved a clinically important weight reduction discount of 4.3%, or 10 kilos in 12 months one, which translated into a discount of metabolic threat elements leading to an annual discount in medical prices by U.S.$1,464 per worker. Based upon an annual value of ~U.S.$700 per participant to be a part of the Newtopia platform, these value financial savings translated right into a 2X return on funding for Aetna inside the first 12 months of the research.
Mr. Ruby continued, “While our most up-to-date weight problems research was not a standard randomized managed trial, because it was carried out throughout our ebook of enterprise, the outcomes of this research have been even stronger than that which we noticed with our gold customary Aetna research. Since finishing our Aetna RCT, we have not solely improved our outcomes throughout our ebook of enterprise, however we now have additionally turn out to be totally accredited by the CDC. We consider that these most up-to-date outcomes supply additional assist for the potential for even larger value financial savings and return on funding per particular person to well being insurers using the Newtopia behavior change platform. At a time when outcomes are king and well being insurers are below immense strain to handle pre-chronic illness threat and prices amongst their members, we stay up for leveraging this distinctive observe file of efficacy to proceed to construct our pipeline of well being insurer shoppers and increase our ebook of enterprise.”
For extra details about Newtopia’s Weight Loss Study, please go to the Resources part of Newtopia’s web site.
Newtopia is a tech-enabled behavior change supplier targeted on illness prevention and decreasing the price of look after well being insurers. As a supplier of complete individual care, we stop, reverse, and sluggish the development of continual illness whereas enriching psychological well being, resilience and general human efficiency. Newtopia’s applications leverage genetic, social, and behavioral insights to create individualized prevention applications with a give attention to kind 2 diabetes, coronary heart illness, stroke and weight. With a person-centered strategy that mixes digital care, digital instruments, linked gadgets and actionable knowledge science, Newtopia delivers sustainable scientific and monetary outcomes. Newtopia serves a few of the largest nationwide employers and well being plans and is at the moment listed on the Toronto Stock Exchange (TSXV: NEWU). To study extra, go to newtopia.com, Facebook, LinkedIn or Twitter.
Forward Looking Statements
This information launch incorporates forward-looking info and forward-looking statements, inside the that means of relevant Canadian securities laws, and ahead trying statements, inside the that means of relevant United States securities laws (collectively, “forward-looking statements”), which displays administration’s expectations relating to Newtopia’s future development, outcomes from operations (together with, with out limitation, future manufacturing and capital expenditures), efficiency (each operational and monetary) and enterprise prospects and alternatives. Wherever attainable, phrases comparable to “predicts”, “initiatives”, “targets”, “plans”, “expects”, “doesn’t count on”, “finances”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “doesn’t anticipate”, “consider”, “intend” and related expressions or statements that sure actions, occasions or outcomes “might”, “might”, “would”, “may” or “will” be taken, happen or be achieved, or the destructive or grammatical variation thereof or different variations thereof, or comparable terminology have been used to establish forward-looking statements. All statements apart from statements of historic truth could also be forward-looking info. Such statements replicate Newtopia’s present views and intentions with respect to future occasions, primarily based on info accessible to Newtopia, and are topic to sure dangers, uncertainties, and assumptions. Material elements or assumptions have been utilized in offering forward-looking info. While forward-looking statements are primarily based on knowledge, assumptions and analyses that Newtopia believes are affordable below the circumstances, whether or not precise outcomes, efficiency or developments will meet Newtopia’s expectations and predictions will depend on quite a lot of dangers and uncertainties that might trigger the precise outcomes, efficiency and monetary situation of Newtopia to vary materially from its expectations. These forward-looking statements embody, amongst different issues, the estimated value financial savings to plan payers related to the usage of Newtopia’s platform by plan members, the potential value of care discount for different Medicare risk-bearing entities, the continued engagement with Newtopia’s platform by plan members, shoppers persevering with to supply Newtopia’s platform pursuant to agreements entered into, statements referring to Newtopia’s enterprise plans and outlook. Forward-looking statements aren’t a assure and are primarily based on quite a lot of estimates and assumptions administration believes to be related and affordable, whether or not precise outcomes, efficiency or developments will meet Newtopia’s expectations and predictions will depend on quite a lot of dangers and uncertainties that might trigger the precise outcomes, efficiency and monetary situation of Newtopia to vary materially from its expectations. Certain of the “threat elements” that might trigger precise outcomes to vary materially from Newtopia’s forward-looking statements on this press launch embody, with out limitation: the termination of contracts by shoppers, dangers associated to COVID-19 together with numerous suggestions, orders and measures of governmental authorities to attempt to restrict the pandemic, together with journey restrictions, border closures, non-essential enterprise closures, quarantines, self-isolations, shelters-in-place and social distancing, disruptions to markets, financial exercise, financing, provide chains and gross sales channels, and a deterioration of normal financial circumstances together with a attainable nationwide or international recession; and different normal financial, market and enterprise circumstances and elements, together with the chance elements mentioned or referred to in Newtopia’s disclosure paperwork, filed with the securities regulatory authorities in sure provinces of Canada and accessible at www.sedar.com together with Newtopia’s ultimate lengthy kind prospectus dated March 30, 2020.
Should any issue have an effect on Newtopia’s in an surprising method, or ought to assumptions underlying the forward-looking info show incorrect, the precise outcomes or occasions might differ materially from the outcomes or occasions predicted. Any such forward-looking info is expressly certified in its entirety by this cautionary assertion. Moreover, Newtopia doesn’t assume accountability for the accuracy or completeness of such forward-looking info. The forward-looking info included on this press launch is made as of the date of this press launch, and Newtopia undertakes no obligation to publicly replace or revise any forward-looking info, apart from as required by relevant legislation.
SOURCE Newtopia Inc.