Neuros Medical

The Company's patented platform technology, Electrical Nerve Block, is focused on elimination of chronic pain in a variety of applications including neuroma/residual limb pain, chronic post surgical pain, and chronic migraine.
Neuros Medical's technology, created by Drs. Kevin Kilgore and Niloy Bhadra of Case Western Reserve University's Department of Biomedical Engineering and MetroHealth Medical Center, and developed through funding from the National Institute of Biomedical Imaging and Bioengineering, delivers high-frequency stimulation to sensory nerves in the peripheral nervous system to block chronic pain. The system consists of an electrode (also known as a lead) placed around a peripheral nerve and powered by a pacemaker-size generator.
Chronic pain affects over 100 million Americans (Institute of Medicine - 2011) and is characterized as pain lasting more than 3 months in duration. The most common cause of neuropathic pain is pain from spine disorders. Another cause of neuropathic pain is diabetes, which may lead to damage of small nerves. Residual limb/neuroma pain is caused by trauma and neuroma development on the distal end of severed nerves, post limb amputation, impacting nearly 1 million Americans. Chronic migraine pain affects 25-30 million patients in the U.S. alone. Neuros Medical's technology also has an opportunity in treating patients with chronic post surgical pain. Chronic post surgical pain affects nearly 500,000 patients annually, and is experienced by patients following surgery. These procedures include hernia, thoracotomy, knee/hip repair, and mastectomy.

Company Growth (employees)
Type
Private
HQ
Willoughby Hills, US
Founded
2008
Size (employees)
7 (est)
Neuros Medical was founded in 2008 and is headquartered in Willoughby Hills, US

Key People at Neuros Medical

Jon J. Snyder

Jon J. Snyder

Chief Executive Officer and President
Joe Schwoebel

Joe Schwoebel

Vice President of Clinical & Regulatory Affairs

Neuros Medical Office Locations

Neuros Medical has an office in Willoughby Hills
Willoughby Hills, US (HQ)
210 35010 Chardon Rd

Neuros Medical Data and Metrics

Summary Metrics

Founding Date

2008

Total Funding

$12.8 m

Latest funding size

$4 m

Time since last funding

about 3 years

Investors

Neuros Medical's latest funding round in April 2014 was reported to be $4 m. In total, Neuros Medical has raised $12.8 m

Neuros Medical News and Updates

Neuros Medical Company Life and Culture

You may also be interested in