Release date: 2017-08-18 Recently, NeoSync announced that it has completed the D round of $13 million in financing. This round of investors includes newly introduced investors Valiance Life Science Investments and existing investors. This round of financing will be used to promote the company's proprietary technology - brainwave synchronization of transcranial electromagnetic therapy NEST in the treatment of major depression clinical research projects, and accelerate the commercialization of the product. NeoSync specializes in the clinical development of innovative transcranial electromagnetic therapy (TMS) technology for central nervous system diseases including major depression. Headquartered in Boston, USA, the company has an experienced executive management team in the field of medical device development, and its proprietary TMS technology platform will likely trigger a potentially huge medical device market. (Source: company's official website) The company's main NEST treatment equipment (English name: NeoSync-EEG Synchronized TMS) is the use of electromagnetic energy to treat neurological diseases such as depression. It can be said to be the leader in the same field. Its main leading advantages are: Individualized design: Based on the principle of brain wave synchronization, an alternating electromagnetic field synchronized with the alpha wave frequency of each patient's EEG can be set up, and the brain is gently stimulated for 30 minutes each time during the day to restore the brainwaves of depression to normal. . Therefore, synchronized TMS treatment based on NEST treatment equipment can cover a wide range of patient populations. Convenient design: NEST equipment is a self-service portable treatment device for home use. The patient only needs to wear a matching hood, electrodes, remote control, etc. at home, which can be easily self-medicated, which is equivalent to enjoying a special “spiritual saunaâ€. (Source: company's official website) "With the unique innovations of NEST devices, NeoSync will revolutionize the treatment and treatment experience of TMS therapy," said Jan Pensaert, founder and CEO of Valiance Investments. He said that NEST® equipment, as a family self-service portable therapy device, will be very attractive for people with depression. Mate Kate Rumrill, CEO of NeoSync, pointed out that once the NEST® device is on the market, it will make it easier and more convenient for patients with depression to get TMS treatment. Source: Chuangjianhui (WeChat Inno_Insight)
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