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Neuronetics to Present at the Canaccord Genuity 44th Annual Growth Conference

Key Takeaway: Neuronetics, Inc. will present at the Canaccord Genuity 44th Annual Growth Conference on August 14, 2024. The presentation will focus on its NeuroStar Advanced Therapy, a non-invasive treatment for neurohealth disorders, particularly Major Depressive Disorder. The therapy has reached significant usage, with over 6.4 million treatments, and aims to redefine mental health expectations. A live audio webcast of the presentation will be accessible via the company's investor relations page.
Price reaction · baseline $1.84 (2024-07-30 close) · hit after-hours · 1 other STIM headline(s) in the window, move may be shared
day 0 close · peak
+1.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Neuronetics will present its innovative NeuroStar Advanced Therapy.
  • The therapy is a non-invasive treatment for depressive episodes.
  • The company is recognized as a leader in neuroscience.
  • Over 6.4 million treatments of NeuroStar have been delivered, showcasing its impact.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~57 mo
Minimal dilution risk
Lead asset
Repetitive Transcranial Magnetic Stimulation
Phase 3 · Major Depressive Disorder

Full Press Release Details

MALVERN, Pa., July 31, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced that the management team will present at the Canaccord Genuity 44th Annual Growth Conference on Wednesday, August 14, 2024. The Company is scheduled to present at 3:00pm Eastern Time the same day via webcast.
A live audio webcast of the presentation will be available online at the investor relations page of the Company’s website at ir.neuronetics.com.
Neuronetics, Inc. believes that mental health is as important as physical health. As a global leader in neuroscience, Neuronetics is redefining patient and physician expectations with its NeuroStar Advanced Therapy for Mental Health. NeuroStar is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions when traditional medication hasn’t helped. NeuroStar is indicated for the treatment of depressive episodes and for decreasing anxiety symptoms for those who may exhibit comorbid anxiety symptoms in adult patients suffering from MDD and who failed to achieve satisfactory improvement from previous antidepressant medication treatment in the current episode. It is also FDA-cleared as an adjunct for adults with obsessive-compulsive disorder and for adolescent patients aged 15-21 with MDD. NeuroStar Advanced Therapy is the leading TMS treatment for MDD in adults with over 6.4 million treatments delivered. Neuronetics is committed to transforming lives by offering an exceptional treatment that produces extraordinary results. For safety and prescribing information, NeuroStar.com.
Mike Vallie or Mark Klausner

Frequently Asked Questions

When will Neuronetics present at the Canaccord Genuity conference?

Neuronetics will present on August 14, 2024, at 3:00 PM Eastern Time.

Where can I access the Neuronetics conference presentation?

The live audio webcast will be available on Neuronetics' investor relations page.

What is NeuroStar Advanced Therapy?

NeuroStar Advanced Therapy is a non-invasive treatment for mental health disorders.

What conditions does NeuroStar treat?

NeuroStar treats major depressive disorder and can help with anxiety symptoms.

What age group can use NeuroStar for MDD?

NeuroStar is FDA-cleared for patients aged 15-21 with major depressive disorder.

Last updated: Jul 31, 2024