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Weekly News Wire | November 15, 2015

Rio Grande Neurosciences Acquires Cervel Multi-Coil TMS Technology For Depression Treatment

On October 20, 2015, Rio Grande Neurosciences (RGN) announced it had acquired Cervel Neurotech’s multi-coil repetitive transcranial magnetic stimulation (rTMS) technology for treatment of drug-resistant depression. The acquisition included all related patent applications, issued patents, trademarks, and equipment. RGN added the Cervel rTMS technology to its core suite of non-invasive brain stimulation (NIBS) electroceuticals to treat central nervous system conditions, with a focus on brain trauma and neurodegenerative and psychiatric diseases. Financial details about the acquisition have not been disclosed.

The RGN NIBS technologies also includes targeted pulse electro magnetic field therapy (tPEMF) and closed-loop . . .

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