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Neuronetics to Present at the William Blair 43rd Annual Growth Stock Conference

Key Takeaway: Neuronetics, Inc. will present at the William Blair 43rd Annual Growth Stock Conference on June 7, 2023. The presentation will be available via webcast, allowing broad investor access. The company focuses on innovative neurohealth therapies, particularly its FDA-cleared NeuroStar system for treating depression and other psychiatric disorders. With a commitment to improving mental health care, Neuronetics is recognized as a leader in the TMS industry.
Price reaction · baseline $2.71 (2023-05-23 close) · hit after-hours · 1 other STIM headline(s) in the window, move may be shared
day 0 close · peak
+2.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Neuronetics will present at a prestigious growth stock conference.
  • The company is a leader in TMS therapy with significant industry impact.
  • The NeuroStar system has delivered over 5.4 million treatments, showcasing its popularity and effectiveness.

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., May 24, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “company” or “Neuronetics”), a commercial stage medical technology company with a strategic vision of transforming the lives of patients whenever and wherever they need help with the best neurohealth therapies in the world, announced that the management team will present at the William Blair 43rd Annual Growth Stock Conference on Wednesday, June 7, 2023. The Company is scheduled to present at 1:00 pm 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. A replay of the webcast will be archived on the website for approximately 90 days.
Neuronetics, Inc. believes that mental health is as important as physical health. As a global leader in neuroscience and the largest TMS company in the industry, Neuronetics is redefining patient and physician expectations by designing and developing products that improve the quality of life for people suffering from psychiatric disorders. An FDA-cleared, non-drug, noninvasive treatment for people with depression, Neuronetics’ NeuroStar® Advanced Therapy system is today’s leading TMS treatment for MDD with over 5.4 million treatments delivered. NeuroStar is widely researched and backed by the largest clinical data set of any TMS system for depression, including the world’s largest depression outcomes registry. Our NeuroStar® Advanced Therapy system is also FDA-cleared to treat people suffering from obsessive-compulsive disorder, as well as for the treatment of comorbid anxiety symptoms (“anxious depression”) for adults with MDD suffering from anxiety symptoms. Neuronetics is committed to transforming lives by offering an exceptional treatment option that produces extraordinary results. For safety information and indications for use, visit NeuroStar.com.
Mike Vallie or Mark Klausner

Frequently Asked Questions

When is Neuronetics presenting at the Growth Stock Conference?

Neuronetics will present on June 7, 2023, at 1:00 pm Eastern Time.

Where can I watch the Neuronetics conference presentation?

The presentation will be available on Neuronetics' investor relations page.

What is the NeuroStar® Advanced Therapy system used for?

The NeuroStar system is used to treat major depressive disorder and OCD.

How many TMS treatments has NeuroStar delivered?

Neuronetics has delivered over 5.4 million TMS treatments.

What makes Neuronetics a leader in TMS therapy?

Neuronetics is the largest TMS provider and has extensive clinical data backing.

Last updated: May 24, 2023