Neuronetics, Inc. (STIM)

Develops non-invasive therapies for psychiatric and neurological disorders, focusing on transcranial magnetic stimulation (TMS) for depression.

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Neuronetics, Inc. is a medical technology company operating in the commercial stage, specializing in designing, developing, and marketing products aimed at addressing neurohealth disorders both in the United States and internationally. At the forefront of its offerings is the NeuroStar Advanced Therapy System, a non-invasive and non-systemic treatment designed for adult patients diagnosed with major depressive disorder. This innovative system utilizes transcranial magnetic stimulation, generating a pulsed magnetic field comparable to MRI strength. These pulses are targeted to specific brain regions associated with mood regulation, aiming to stimulate neural activity effectively.

The NeuroStar Advanced Therapy System is primarily administered in an office-based setting, making it convenient for both patients and healthcare providers. Neuronetics, Inc. distributes its products directly through an established sales and customer support team, focusing on collaboration with psychiatrists and other mental health professionals to ensure broad accessibility and effective utilization of its therapeutic solutions.

Founded in 2001 and headquartered in Malvern, Pennsylvania, Neuronetics, Inc. continues to advance its mission of enhancing neurohealth treatment options through cutting-edge technology. With a commitment to innovation and patient care, the company strives to improve outcomes for individuals affected by major depressive disorder and other related conditions globally.

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