BWAY
- BrainsWay Ltd.
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Overview
Company Summary
BrainsWay Ltd. (BWAY) is a biotech company that specializes in the development and commercialization of advanced medical devices for the treatment of various brain disorders. The company's primary focus is on creating innovative non-invasive treatments for psychiatric and neurological conditions using a technology called deep transcranial magnetic stimulation (dTMS).
BrainsWay's flagship product is the Deep Transcranial Magnetic Stimulation system, which is based on a unique electromagnetic coil configuration. This system applies magnetic fields to specific areas of the brain, stimulating and modulating neural activity in targeted regions associated with various brain disorders.
The company's dTMS technology has been clinically tested and approved for the treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD). Additionally, BrainsWay is actively conducting or has completed clinical studies exploring the therapeutic effects of dTMS for other conditions, including bipolar disorder, post-traumatic stress disorder (PTSD), smoking cessation, and Alzheimer's disease.
BrainsWay's approach differs from traditional treatments in that it does not require the use of medication or anesthesia. This makes their treatments non-invasive, safe, and well-tolerated by patients. The company's technology has garnered recognition and support from the medical community, with its products being used in renowned medical centers and clinics worldwide.
In addition to developing and commercializing its medical devices, BrainsWay places great emphasis on research and development. They collaborate with leading academic institutions and medical centers to further expand the applications of their dTMS technology and explore its potential in treating various brain disorders.
Overall, BrainsWay's mission is to improve the lives of patients suffering from psychiatric and neurological disorders by providing safe and effective non-invasive treatment options through their innovative dTMS technology.