NeuroOne Medical Technologies Corporation
Under the Symbol:
NeuroOne(TM) Medical Technologies Corporation Announces First Sale of sEEG Depth Electrode
Monday, September 23, 2019 6:00 AM
Company's sEEG Electrode will be used for non-human research purposes by the Cleveland Clinic Foundation
MINNETONKA, MN / ACCESSWIRE / September 23, 2019 / NeuroOne Medical Technologies Corporation (OTCQB:NMTC), a medical device company focused on the development and commercialization of thin film electrode technology for recording brain activity, stimulation and ablation solutions for patients suffering from Epilepsy, Parkinson's Disease, and back pain, today announced its first product sale to the Cleveland Clinic for non-human research applications. The NeuroOne sEEG combination depth and ablation electrode is not currently cleared or approved for human use in the United States or internationally and has not yet been reviewed by FDA nor any international regulatory bodies.
The device is intended to be used to perform recording of brain activity up to 30 days, short term brain tissue stimulation and offer radio frequency tissue ablation properties all within the same device.
"This is a very exciting day for everyone associated with NeuroOne Medical Technologies Corporation," stated Dave Rosa, NeuroOne's President and CEO. "Although the device is not yet FDA cleared for sale for human use in the United States, we are honored to have the Cleveland Clinic purchase the device for pre-clinical research and development purposes. We believe that this is the first of many more exciting milestones the Company will achieve in the future."
NeuroOne Medical Technologies Corporation is a developmental stage company committed to providing minimally invasive and hi-definition solutions for EEG recording, brain stimulation and ablation solutions for patients suffering from Epilepsy, Parkinson's Disease, Essential Tremors and other related neurological disorders that may improve patient outcomes and reduce procedural costs.
Forward Looking Statement
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Investor Relations Contact:
Sr. Director of Marketing
NeuroOne Medical Technologies Corporation
SOURCE: NeuroOne Medical Technologies Corporation