Neuronetics – Addressing Depression Head On
Today, there is a significant unmet need in Major Depressive Disorder (MDD). Each year, 12 million Americans will experience a depression episode and 45% of them will not benefit from four prescription medication attempts.
This is where Neuronetrics, Inc., our latest investment, stepped in. They looked beyond medication and to technology to help treat the millions of patients faced with this problem.
Neuronetics focuses on developing a non-invasive technology known as “transcranial magnetic stimulation,” or TMS, which a uses a small but powerful electromagnet to deliver energy to the brain tissue through the skull. The result was its NeuroStar TMS Therpay System – the first TMS device cleared by the FDA to treat patients with MDD who have not benefited from antidepressant treatment.
Now, with its latest funding round, Neuronetics will focus on commercial expansion to improve patient access to its NeuroStart TMS Therapy, and develop an expanded indication for adolescents where the unmet medical need is high.
For GE, advances like this from Neuronetics are exciting and signal a brighter future. GE scientists and engineers are bringing everything we’ve got to brain health, but we know we can’t do it alone. From imaging, to research, to partnerships and investments, we’re committed to improving brain health and we believe innovations like this will shape the future of healthcare.
To learn more about Neuronetics, visit http://www.neuronetics.com.