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.
|HQ||Willoughby Hills, OH, US||Map|
|Employees (est.) (Jun 2021)||34|
Neuros Medical total Funding
Neuros Medical latest funding size
Time since last funding
|5 months ago|
Neuros Medical investors
|U.S. Venture Partners (USVP), North Coast Angel Fund, Queen City Angels, Osage University Partners, InCube Ventures, Sectoral Asset Management, Boston Scientific, Case Technology Ventures, Ohio TechAngels Fund, RiverVest, Aperture Venture Partners, Glengary Ventures, BlueTree Allied Angels, Rev1 Ventures, iSELECT FUND, Argonautic Ventures, ECOTAF, JumpStart, U.S. Venture Partners, Amzak Health|
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.
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