BrainsWay Ltd. reports developments in noninvasive neurostimulation treatments for mental health disorders. The company markets its proprietary Deep TMS platform, with FDA-cleared indications that include major depressive disorder, obsessive-compulsive disorder, and smoking addiction, and derives revenue from leases and sales of Deep TMS systems.
Recurring updates include financial results, operating guidance, system placements, reimbursement and payer coverage for TMS therapy, clinical data for Deep TMS protocols such as SWIFT, and additional regulatory clearances. Company news also covers strategic minority-stake and milestone-based investments in mental health providers and related neurostimulation technologies, along with investor conference participation and operational updates across its U.S. and Israel-based business.
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BrainsWay Ltd. (NASDAQ: BWAY) announced a publication revealing impressive results from a post-marketing study on its Deep TMS™ treatment for depression. The study, featured in Psychiatry Research, involved 1,351 patients and demonstrated an 82% response rate and a 65% remission rate among those receiving 30 or more treatments. This data underscores the effectiveness of Deep TMS for patients who have previously failed over seven medication trials. With almost 75% of patients achieving remission based on the Hamilton Depression Rating Scale, the findings reinforce BrainsWay's commitment to advancing neurostimulation therapies for mental health disorders amidst a growing global mental health crisis.