Newronika scoops €13.6m to support Parkinson’s DBS system development
The completion of the funding round follows Newronika’s recent receival of an IDE from the FDA for the Parkinson’s therapy system.
13 February 2025
13 February 2025
The completion of the funding round follows Newronika’s recent receival of an IDE from the FDA for the Parkinson’s therapy system.
The device will be deployed in neurology departments and brain health networks throughout Europe.
The company will re-allocate resources and focus on more lucrative areas with higher growth potential.
The system allows researchers to produce quality multiplexed images.
Germitec has identified the US market opportunity to lead its aim of doubling yearly revenue.
The first-of-its-kind collaboration will pool the entities’ resources to advance the monitoring of pressure conditions.
The agreement will initially concentrate on Siemens’ Magnetom Terra and Terra.X 7T MRI scanners.
BofA expects Medtronic’s pipeline development to see it continue to surpass organic growth expectations as in the previous four quarters.
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