InVivo Therapeutics (NSDQ:NVIV) announced that it priced a public stock offering expected to produce gross proceeds of just under $1 million for the company. The Cambridge, Mass.-based company is offering 7 million shares of its common stock to the public at a price of 12¢ per share. InVivo expects the gross proceeds to reach $840,000, before […]
Neurological
Welcome to MassDevice's Neurological Hub, your resource for the latest news in the neurological device space. Stay informed about the innovations and business news shaping the neurological industry.
🧠 Narrow your focus with these categories:
Neuromodulation/Neurostimulation | Bioelectronic Medicine | Pain Management | Brain-Computer Interfaces
Here are the top neurological device features from MassDevice and its sister publications (and scroll down to read the latest cardiology device news from MassDevice):
+ 7 brain-computer interface companies you need to know
+ Brain breakthroughs: Aprinoia Therapeutics’ harnesses AI and strategic partnerships to propel neurodegenerative disease research
+ Natalizumab and PML: The complex dance of benefit and risk for MS
Latest Neurological News
Philips launches its first clinical product for aiding cognitive assessment in the U.S.
Royal Philips (NYSE:PHG) announced the debut of its IntelliSpace Cognition cognitive assessment platform that uses artificial intelligence to aid healthcare professionals in assessing cognitive impairment. The Amsterdam-based company’s IntelliSpace Cognition system is designed to automate and enhance neuropsychological tests, providing access to detailed information about a patient’s cognition while offering quantitative longitudinal data to aid in […]
FDA puts Class I label on Zimmer Biomet’s Rosa Brain robot software recall
The FDA has given a recall on the Zimmer Biomet (NYSE:ZBH) Rosa Brain 3.0 devices for robot-assisted neurosurgery procedures a Class I designation, the most serious type of recall. Zimmer Biomet warned in September of the problem, in which a sequence workflow can trigger “a discrepancy between initial skin marking on the skull and instrument trajectory,” […]
5 ways medtech research aims to help veterans
As the United States prepares to honor its military veterans on Monday, medtech researchers are working to help survivors wounded in battle, both in body and mind. Whether the research comes out of government, industry or academia, there’s also a desire to help veterans facing other health challenges. Get the full story on our sister […]
Bike helmet-style brain scanner used for first time with children
British brain researchers created a brain scanner in the style of a wearable bike helmet in order to better study brain development in young children. Researchers at the Sir Peter Mansfield Imaging Center at the University of Nottingham, along with researchers from the University of Oxford and University College London, utilized magnetoencephalography (MEG) technology with […]
BioDirection announces manufacturing facility in New Mexico
Brain trauma treatment developer BioDirection announced that it leased a facility in Albuquerque, N.M., for manufacturing a critical component of its proprietary biosensor cartridge. The new 9,000 square-foot facility in Albuquerque is slated to house manufacturing of the Tbit system’s biosensor cartridge. The Tbit system is designed to use the proprietary biosensor technology to rapidly […]
Neural Analytics launches feasibility study for Lucid robot-assisted stroke device
Neural Analytics said yesterday that it has enrolled the first subjects in a study of its Lucid robotic system for the management of patients suspected of suffering a stroke. The Codex study is a prospective, single-arm, multi-center, safety and technical feasibility study under an FDA investigational device exemption for the Lucid system. Dr. Ifeanyi Iwuchukwu […]
Medtronic launches Activa DBS programmer
Medtronic (NYSE:MDT) said yesterday that it commercially launched its Activa patient programmer technology for deep brain stimulation in the U.S. The programmer won FDA approval in July and is designed to combine with a Samsung mobile device to allow patients to manage DBS therapy in a simple and discrete way. Medtronic said more than 150,000 patients […]
Neuronetics inks deal with TMS provider for NeuroStar depression device
Neuronetics (NSDQ:STIM) said today that it entered into a partnership with Success TMS to offer Neuronetics’ NeuroStar advanced therapy system as its preferred transcranial magnetic stimulation device across six states. The NeuroStar system is designed to use strong magnetic fields to stimulate areas of the brain associated with mood in the treatment of patients with […]
Viz.ai lands $50m Series B for stroke treatment
Viz.ai said yesterday that it received $50 million in Series B funding for its artificial intelligence software for treating acute ischemic stroke. The San Francisco-based company uses a computer-aided triage system designed to identify a suspected large vessel occlusion via CT scan and alerts a stroke team specialist within minutes, reducing the time to treatment […]
Nico wins FDA nod for Myriad Novus resection tool
Nico Corp. said it won 501(k) clearance from the FDA for its Myriad Novus resection tool. Indianapolis-based Nico said the device combines its Myriad resection tool with a xenon light and tissue-harvesting capabilities during intracerebral hemorrhage clot removal and subcortical tumor resection. “The Novus represents the next generation of Nico’s flagship product the Myriad,” president […]