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Neuronetics to Present at the William Blair 44th Annual Growth Stock Conference

Key Takeaway: Neuronetics, Inc. announced that its management team will present at the William Blair 44th Annual Growth Stock Conference on June 6, 2024. The presentation will focus on their innovations in neurohealth, particularly the NeuroStar Advanced Therapy for treating mental health disorders. NeuroStar is described as an effective non-invasive treatment option for patients with major depressive disorder (MDD) and anxiety symptoms. The company emphasizes its commitment to enhancing patient outcomes through advanced therapeutic solutions.
Price reaction · baseline $2.36 (2024-05-22 close) · hit after-hours · clean, no other STIM news in the window
day 0 close · peak
-2.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Neuronetics is presenting at a notable growth stock conference.
  • The company is a leader in neuroscience, focusing on mental health.
  • NeuroStar Advanced Therapy has shown effectiveness in treating MDD.
  • They have delivered over 6.4 million treatments of NeuroStar.

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 23, 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 William Blair 44th Annual Growth Stock Conference on Thursday, June 6, 2024. The Company is scheduled to present at 10:00am Central 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 William Blair Conference?

Neuronetics will present on June 6, 2024, at 10:00am Central Time.

What is NeuroStar Advanced Therapy?

NeuroStar is a non-invasive treatment for neurohealth disorders, enhancing life quality.

Who is NeuroStar indicated for?

It's for adults with MDD who did not benefit from prior antidepressants.

Is NeuroStar suitable for adolescents?

Yes, it's FDA-cleared for adolescents ages 15-21 with MDD.

Where can I find the live audio webcast?

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

Last updated: May 23, 2024