NXTMS Nexstim Ltd

Nexstim Receives NBS System 6 Order from Hospital in United States

Nexstim Receives NBS System 6 Order from Hospital in United States

Press release, Helsinki, 20 November 2023 at 11 AM (EET)

Nexstim Receives NBS System 6 Order from Hospital in United States

Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) announces having received an NBS System 6 order from a hospital in Massachusetts, United States.

Nexstim released the NBS 6 in the spring of 2023 and announced first order for the system on November 14. The NBS System 6 is a new generation system that makes Nexstim’s established TMS technology even more intuitive to use and allows for an expansion of system capabilities over time. Currently FDA approved for the treatment of major depressive disorder (MDD), the system has been created to answer to the needs of Nexstim’s current and potential customers. More information on the NBS System 6 is available on Nexstim’s website at .

Mikko Karvinen, CEO of Nexstim, comments: “We are happy to announce having received our second NBS System 6 order within a week from our first order. Our client base consists of both private clinics and hospitals, and this order demonstrates the interest in our new product from both customer groups. We find ourselves in a good position to continue our important expansion both in the US hospitals and clinics for the end of 2023 and our strategy period that extends to 2024.”

Further information is available on the website , or by contacting:

Mikko Karvinen, CEO

1

About Nexstim Plc

Nexstim is a Finnish, globally operating growth-oriented medical technology company. Our mission is to enable personalized and effective diagnostics and therapies for challenging brain diseases and disorders.

Nexstim has developed a world-leading non-invasive brain stimulation technology for navigated transcranial magnetic stimulation (nTMS) with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain.

Nexstim’s Diagnostics Business focuses on commercialization of the Navigated Brain Stimulation (NBS) system. The NBS System 5 is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain.

Nexstim’s Therapy Business markets and sells the NBS System 6 which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBS 6 system is CE marked for the treatment of major depression and chronic neuropathic pain.

Nexstim shares are listed on Nasdaq First North Growth Market Finland.

For more information, please visit

 

Attachment



EN
20/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nexstim Ltd

 PRESS RELEASE

Nexstim Receives NBS System 5 Order from European Customer

Nexstim Receives NBS System 5 Order from European Customer Press release, Helsinki, 2 October 2024 at 9 AM (EEST) Nexstim Receives NBS System 5 Order from European Customer Nexstim Plc (NXTMH:HEX) ("Nexstim" or "Company") has received an order for an NBS System 5 from an existing customer. Nexstim’s NBS (Navigated Brain Stimulation) System 5 is CE marked and FDA approved for non-invasive mapping of the primary motor cortex of the brain. The system provides information that may be used in pre-procedural planning. In addition to the diagnostic features, this specific system also includes t...

 PRESS RELEASE

Nexstim Receives Order for NBS System 5 in Finland

Nexstim Receives Order for NBS System 5 in Finland Press release, Helsinki, 27 September 2024 at 10 AM (EEST) Nexstim Receives Order for NBS System 5 in Finland Nexstim Plc (NXTMH:HEX) ("Nexstim" or "Company") has received order from a Finnish hospital for an NBS System 5. The customer is new to Nexstim. The Nexstim Navigated Brain Stimulation (NBS) System 5 is indicated for non-invasive mapping of the primary motor cortex of the brain to its cortical gyrus. The system provides information that may be used in the assessment of the primary motor cortex for pre-procedural planning. This sp...

 PRESS RELEASE

New European Customer Orders Nexstim NBS System 5

New European Customer Orders Nexstim NBS System 5 Press release, Helsinki, 3 September 2024 at 9 AM (EEST) New European Customer Orders Nexstim NBS System 5 Nexstim Plc (NXTMH:HEX) ("Nexstim" or "Company") has received an order for an NBS System 5 from a new European customer through a distributor. The Nexstim Navigated Brain Stimulation (NBS) System 5 is the only FDA-cleared and CE-marked navigated TMS (Transcranial Magnetic Stimulation) system for pre-operative mapping of the motor and speech cortices of the brain. Mikko Karvinen, CEO of Nexstim, comments: “Our state-of-the-art techno...

 PRESS RELEASE

NEXSTIM PLC HALF-YEAR REPORT JANUARY 1 – JUNE 30, 2024 (UNAUDITED)

NEXSTIM PLC HALF-YEAR REPORT JANUARY 1 – JUNE 30, 2024 (UNAUDITED) Company announcement, Helsinki, August 16, 2024 at 9 am (EEST) NEXSTIM PLC HALF-YEAR REPORT JANUARY 1 – JUNE 30, 2024 (UNAUDITED) NEXSTIM CONTINUED TO GROW AND IMPROVED ITS PROFITABILITY IN THE FIRST HALF OF THE YEAR The figures in parentheses refer to the previous year’s comparative period, unless otherwise stated. January–June 2024 in brief The company’s net sales were EUR 3.2 million (2.5), with an increase of 26.9 %Net sales growth adjusted for currency exchange rates was 26.8 %System sales were EUR 1.2 million (1.1...

 PRESS RELEASE

Notice of Nexstim Plc’s Half-Year Report H1 2024

Notice of Nexstim Plc’s Half-Year Report H1 2024 Press release, Helsinki, 13 August 2024 at 3 PM (EEST) Notice of Nexstim Plc’s Half-Year Report H1 2024 Nexstim Plc (NXTMH:HEX) ("Nexstim" or "Company") will publish its half-yearly report for the six months ended 30 June 2024 on Friday 16 August 2024 at approximately 9:00 am Finnish time. The company will hold two live webinars for media, investors, and analysts on Friday 16 August 2024. CEO Mikko Karvinen and CFO Joonas Juokslahti will present the financial and operational results followed by a Q&A session. The first live webinar will b...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch