NeuroOne up after animal implant of spine stimulator

Neuroone Medical Technologies

16/03/2023 12:24

** Shares of medical device maker NeuroOne Medical
Technologies Corp  NMTC.O  rise 4.68% to $1.79 premarket
    ** Co completes initial animal implant of its paddle leads
for spinal cord stimulation, intended to relieve chronic pain of
the back, arms and legs
    ** The veterinary surgeon reported no concerns regarding the
placement of the lead in the sheep model 
    ** These results demonstrate feasibility for placement of a
thin film paddle lead to treat chronic back pain due to multiple
failed back surgeries - NMTC
    ** Co is also developing a delivery system to insert the
paddle leads into the spine
    ** Stock down 10% in last 12 months

 (Reporting by Aditya Samal)
 ((Aditya.Samal@thomsonreuters.com;))