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ElectroCore’s Truvaga™ Plus Wins Men’s Health Magazine Tech Award

Key Takeaway: ElectroCore, Inc. announced that its wellness product, Truvaga Plus, received the Men’s Health Magazine Tech Award, highlighting its innovative contributions to men's health. The award recognizes products that significantly impact health and wellness, underscoring the value of Truvaga Plus in managing stress, enhancing sleep, and improving mental focus. CEO Dan Goldberger expressed pride in the recognition, reinforcing the company’s dedication to developing effective wellness solutions.
Price reaction · baseline $13.34 (2024-11-11 close) · hit after-hours · 2 other ECOR headline(s) in the window, move may be shared
day 0 close
-6.8%
day 1
+0.4%
day 3 · peak
-18%

Market Sentiment Analysis

POSITIVE FACTORS

  • Truvaga Plus won the Men’s Health Magazine Tech Award for innovation.
  • The award reflects the product's significant impact on men's health and wellness.
  • CEO Dan Goldberger emphasized the commitment to improving quality of life.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~7 mo
High dilution risk
Lead asset
GammaCore
Phase 2 · Chronic Cluster Headache

Full Press Release Details

ROCKAWAY, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, is proud to announce that its flagship wellness product, Truvaga Plus, has been awarded the prestigious Men’s Health Magazine Tech Award for a pioneering wellness device recognized for innovation and excellence. The award celebrates groundbreaking advancements in health and technology and highlights products that significantly impact men’s health and wellness. A link to the article can be found here: Men'sHealth Tech Awards 2025.
“We are honored to receive the Men’s Health Magazine Tech Award for Truvaga Plus,” said Dan Goldberger, CEO of ElectroCore. “This recognition underscores our commitment to developing solutions that improve quality of life by managing stress, enhancing sleep, and boosting mental focus. We are proud to have Truvaga Plus earn the recommendation from Men’s Health Magazine.”
About Men’s Health Magazine
Men’s Health Magazine, published by Hearst, is the world’s largest men’s magazine brand, offering up-to-date information and advice on every aspect of a man’s life, including health, fitness, fashion, and relationships. The magazine reaches a total audience of 21.8 million, including 13.7 million site visitors and 17.2 million social followers accessing trusted content through their digital platforms.
For more information, please visit www.menshealth.com
Truvaga Plus is a revolutionary handheld vagus nerve stimulator that utilizes the company’s proven technology to quickly and gently activate the vagus nerve. It’s designed to work with the body to balance the nervous system to feel calmer, think clearer, and sleep better. Truvaga Plus is intended for general health and wellness purposes only and is not intended to diagnose, cure, mitigate, treat, or prevent any disease.
For more information, please visit www.truvaga.com
About electroCore, Inc.
electroCore, Inc. is a commercial stage bioelectronic medicine and wellness company dedicated to improving health and promoting general wellness through its non-invasive vagus nerve stimulation (“nVNS”) technology platform. The company’s is focused on the commercialization of medical devices for the management and treatment of certain medical conditions and consumer product offerings utilizing nVNS to promote general wellbeing and human performance in the United States and select overseas markets.
For more information, visit www.electrocore.com.
Forward-Looking Statements
This press release and other written and oral statements made by representatives of electroCore may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements about electroCore's business prospects, new and existing wellness product offerings, new ecommerce site, and clinical and product development plans; its pipeline or potential markets for its technologies; the timing, outcome and impact of regulatory, clinical and commercial developments including focus group study results; the Company’s business prospects in the United States (including its e-commerce initiatives) and other new markets and other statements that are not historical in nature, particularly those that utilize terminology such as "anticipates," "will," "expects," "believes," "intends," other words of similar meaning, derivations of such words and the use of future dates. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to raise the additional funding needed to continue to pursue electroCore’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, the ability to commercialize gammaCore™, the ability to successfully launch and commercialize Truvaga Plus, the potential impact and effects of COVID-19 on the business of electroCore, electroCore’s results of operations and financial performance, and any measures electroCore has and may take in response to COVID-19 and any expectations electroCore may have with respect thereto, competition in the industry in which electroCore operates and overall market conditions. Any forward-looking statements are made as of the date of this press release, and electroCore assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Investors should consult all of the information set forth herein and should also refer to the risk factor disclosure set forth in the reports and other documents electroCore files with the SEC available at www.sec.gov.

Frequently Asked Questions

What is Truvaga Plus?

Truvaga Plus is a handheld vagus nerve stimulator designed to enhance wellness.

Why did Truvaga Plus win an award?

It received the Men’s Health Magazine Tech Award for innovation in wellness technology.

Who is the CEO of electroCore?

Dan Goldberger is the CEO of electroCore, Inc.

What is the purpose of Truvaga Plus?

It's intended for general health to manage stress, improve sleep, and enhance focus.

Is Truvaga Plus a medical device?

No, it is not intended to diagnose or treat any disease.

Last updated: Nov 12, 2024