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Thursday, 03/10/2011 10:14:47 AM

Thursday, March 10, 2011 10:14:47 AM

Post# of 722
Thursday, 10 March 2011

Beating the Blues

The London company responsible for Beating the Blues, a mental health treatment for mild-to-moderate depression and anxiety based on computerised cognitive behavioural therapy, has agreed a joint venture with US healthcare company UPMC.

Ultrasis developed the treatment in conjunction with the Institute of Psychiatry in London, which was approved by the National Institute for Health and Clinical Excellence for NHS use in 2006

. However, uncertainty about changes in the health service have led to a drop in revenues in the past year and it is hoped that the US venture will give the AIM-listed company fresh impetus.

http://www.independent.co.uk/news/business/sme/business-extra-news-in-brief-2238112.html

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