MagDev Research has developed a new handheld device to reduce inflammation and lower pain levels with no reported side effects.
The device uses a low frequency magnetic pulse system, pulsed magnetic field therapy (PMFT), which has proven to be effective in regenerating bones, speeding the knitting of broken bones, treating depression (TMS) and managing joint pain.
The non-invasive handheld delivery system, which also uses low frequency (approximately 8Hz) alternating flux waves generated by static XtraFlux neodymium magnets, has the potential to lower healthcare costs and improve the quality of life, claims the company.
The company is currently organising controlled clinical efficacy trials to determine the various uses for the handheld device, effectiveness of each use as well as the frequency of treatments.
MagDev Research president and CEO James Hurley said the new unit is also proving to be a way for people to reduce the amount and sometimes the need for harsh pain-masking medications such as Celebrex.
"Long term use of NSAIDS certainly is not a good thing for the body's systems to keep processing," Hurley said.
"Early results from our volunteer testing programme are very encouraging."
The company has said that it is planning to bring the device to the US market later in 2013.