Neuros Medical

OverviewSuggest Edit

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.

TypePrivate
Founded2008
HQWilloughby Hills, OH, US
Websiteneurosmedical.com
Overall CultureC-

Latest Updates

Employees (est.) (Jun 2021)34
Cybersecurity ratingBMore

Key People/Management at Neuros Medical

Joe Schwoebel

Joe Schwoebel

Vice President of Clinical & Regulatory Affairs
Jon Snyder

Jon Snyder

Founder and Chief Business Officer
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Neuros Medical Office Locations

Neuros Medical has an office in Willoughby Hills
Willoughby Hills, OH, US (HQ)
35010 Chardon Rd #210
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Neuros Medical Financials and Metrics

Summary Metrics

Founding Date

2008

Neuros Medical total Funding

$79.9 m

Neuros Medical latest funding size

$38.5 m

Time since last funding

5 months ago

Neuros Medical investors

Neuros Medical's latest funding round in January 2021 was reported to be $38.5 m. In total, Neuros Medical has raised $79.9 m
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Neuros Medical Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Neuros Medical Online and Social Media Presence

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Neuros Medical Company Culture

  • Overall Culture

    C-

    69/100

  • CEO Rating

    C

    70/100

  • Compensation

    C-

    65/100

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Neuros Medical Blogs

Neuros Medical Raises $38.5M in Series BB Funding for Completion of Pivotal Clinical Study for Chronic Post-Amputation Pain

CLEVELAND, Ohio & ALISO VIEJO, California, January 7, 2021/PRNewswire/ — Neuros Medical, Inc., a medical device company developing innovative high-frequency nerve block technology for patients with intractable post-amputation pain, announced today the close of a Series BB financing totaling $38.…

Neuros Medical Announces Key Milestones in the QUEST Pivotal Clinical Study for Chronic Post-Amputation Pain

CLEVELAND, Ohio & ALISO VIEJO, California, January 7, 2021/PRNewswire/ — Neuros Medical, Inc., a medical device company developing innovative high-frequency nerve block technology for patients with intractable post-amputation pain,  announced today the achievement of two milestones in its pivota…

Neuros Medical Frequently Asked Questions

  • When was Neuros Medical founded?

    Neuros Medical was founded in 2008.

  • Who are Neuros Medical key executives?

    Neuros Medical's key executives are Joe Schwoebel and Jon Snyder.

  • How many employees does Neuros Medical have?

    Neuros Medical has 34 employees.

  • Who are Neuros Medical competitors?

    Competitors of Neuros Medical include Aenitis Technologies, AusDiagnostics and Pi-Cardia.

  • Where is Neuros Medical headquarters?

    Neuros Medical headquarters is located at 35010 Chardon Rd #210, Willoughby Hills.

  • Where are Neuros Medical offices?

    Neuros Medical has an office in Willoughby Hills.

  • How many offices does Neuros Medical have?

    Neuros Medical has 1 office.