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NeuroStar TMS Receives Expanded Regulatory Approval in Japan
Technological advances reduce time and increase efficiency for MDD treatment MALVERN, Pa., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM),
About this update from Neuronetics, Inc.
[{"type":"text","content":"Technological advances reduce time and increase efficiency for MDD treatment\nMALVERN, Pa., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced that the Pharmaceuticals and Medical Devices Agency (PMDA) in Japan has approved multiple proprietary innovations, which significantly advance the patient treatment experience with the NeuroStar TMS (transcranial magnetic stimulation) Therapy System for the treatment of major depressive disorder (MDD) in Japan. The features covered in this approval include the NeuroStar 3.7 platform, MT Cap, D-Tect™ MT Accessory, and the Dash treatment protocol. The Dash treatment protocol reduces the daily TMS treatment time from 38 minutes to under 19 minutes. MT Cap and D-Tect optimize efficiency for providers and patients by shortening the time and simplifying the steps to determine a patient’s motor threshold (MT), which is a critical step to establishing the patient’s prescription prior to starting treatment. The NeuroStar 3.7 platform continues Neuronetics’ strategy to standardize the NeuroStar hardware globally and includes advancements designed to streamline a clinician’s workflow, including 60% more computing power and a touchscreen display with a biometric fingerprint reader. “Depression has emerged as a serious concern for the people of Japan. Since NeuroStar was approved through Japan’s rigorous Shonin pathway in 2017, we have remained committed to supporting patients and clinicians in Japan who are looking for treatments beyond medication,” stated Keith J. Sullivan, President, and CEO of Neuronetics Inc. “We appreciate the engagement with PMDA on this approval and are looking forward to enhancing patient care and treatment efficiencies with our cutting-edge technology.” As many as 2.4 million adults live with depression in Japan, with approximately 655,000 of them being treated by a doctor. It is estimated that of those receiving treatment, 475,000 patients have failed to achieve remission from depression through antidepressant medications. NeuroStar TMS Therapy aims to fill this unmet need through its exclusive distribution partnership with Teijin Pharma Limited. NeuroStar is advancing its global...