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Brainsway Ltd. - BWAY STOCK NEWS

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About BrainsWay Ltd. (BWAY)

BrainsWay Ltd. is a global leader in the field of non-invasive neurostimulation, dedicated to advancing mental health care through its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) technology. With headquarters in Jerusalem, Israel, and Burlington, Massachusetts, BrainsWay leverages cutting-edge neuroscience to provide innovative solutions for psychiatric, neurological, and addiction disorders. The company's mission is to improve health and transform lives by offering safe, effective, and clinically validated treatments for conditions that have historically been challenging to manage.

Core Technology and FDA-Cleared Indications

BrainsWay’s Deep TMS platform utilizes a patented coil design to deliver targeted magnetic pulses to specific brain regions involved in mental health disorders. This technology is the first and only TMS system to receive FDA clearance for three distinct indications: major depressive disorder (MDD), obsessive-compulsive disorder (OCD), and smoking addiction. The system has also demonstrated efficacy in reducing anxiety symptoms associated with depression, commonly referred to as anxious depression.

Unlike traditional TMS, which offers more superficial stimulation, Deep TMS is designed to penetrate deeper and broader brain regions, making it particularly effective for patients who may not respond to other treatments. The therapy is non-invasive, requires no anesthesia, and is free from systemic side effects, making it a highly convenient option for patients. Treatment protocols typically involve brief daily sessions over several weeks, followed by maintenance phases as needed.

Business Model and Revenue Streams

BrainsWay generates revenue through the sale and leasing of its Deep TMS systems to mental health care providers, hospitals, and clinics worldwide. Additionally, the company benefits from recurring revenue streams through the sale of consumables and maintenance services associated with its systems. This hybrid model ensures both upfront and long-term revenue generation, supporting the company’s growth and operational sustainability.

Clinical Efficacy and Ongoing Research

BrainsWay’s commitment to advancing mental health care is underscored by its robust clinical research program. The company has conducted numerous clinical trials demonstrating the efficacy of Deep TMS in treating a wide range of conditions, including MDD, OCD, and smoking addiction. Recent studies have also explored its potential applications in late-life depression, Parkinson’s disease, and substance use disorders such as alcohol addiction. These efforts aim to expand the indications for Deep TMS, further solidifying its position as a transformative treatment option in mental health care.

Market Context and Competitive Landscape

The global mental health crisis, exacerbated by rising rates of depression, anxiety, and addiction, has created a significant demand for effective, non-invasive treatment options. BrainsWay addresses this unmet need by offering a scientifically validated alternative to traditional pharmacological therapies, which often come with limited efficacy and adverse side effects. Within the competitive landscape, BrainsWay differentiates itself through its patented Deep TMS technology, extensive clinical evidence, and global reach. The company’s focus on underserved populations, such as older adults and veterans, further enhances its market appeal.

Global Reach and Strategic Partnerships

BrainsWay’s international presence spans North America, Europe, South America, and the Middle East, reflecting its commitment to increasing global access to advanced mental health care. The company has established strategic partnerships with mental health networks, hospitals, and specialized care providers, enabling it to expand the reach of its Deep TMS systems. Notable collaborations include initiatives to address the unique mental health challenges faced by veterans and military personnel, as well as efforts to make treatment accessible in underserved regions.

Future Outlook

With ongoing clinical trials, a growing portfolio of FDA-cleared indications, and a strong commitment to innovation, BrainsWay is well-positioned to lead the neurostimulation market. The company’s focus on addressing critical mental health challenges, combined with its scalable business model and global footprint, underscores its potential to transform the landscape of mental health care.

Conclusion

BrainsWay Ltd. represents a unique convergence of advanced neuroscience, innovative technology, and a mission-driven approach to improving mental health. By offering safe, effective, and non-invasive treatment options, the company is redefining the standard of care for mental health disorders and paving the way for a healthier future.

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BrainsWay announces that Katie's Way Plus has ordered an additional 18 Deep TMS systems to expand its mental health services for servicemembers, veterans, and their families. This partnership aims to provide specialized care using advanced technology to address the rising prevalence of mental health conditions within the veteran community.
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BrainsWay Ltd. (BWAY) reported record revenues in Q4 2023 with a 50% year-over-year growth, achieving positive net income. The company provided a revenue guidance of $37-$40 million for full-year 2024, showcasing continued profitability and cash generation. BrainsWay's financial and operational highlights included increased revenues, improved gross margins, positive operating income, net income, and Adjusted EBITDA. The company also expanded its Deep TMS installed base, collaborated with mental health providers, and enhanced reimbursement trends. BrainsWay's CEO highlighted the strong performance in 2023, anticipating revenue growth in 2024 and positioning the company as a leader in the TMS industry.
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BrainsWay Ltd. (BWAY) announces the reporting of its Q4 and full year 2023 financial results and operational highlights on March 6, 2024. The Company will host a conference call to discuss the results and provide business updates.
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BrainsWay Ltd. (BWAY) to clinically evaluate innovative stimulation technology in two new feasibility trials. The patented 'Rotational Field' TMS aims to stimulate a greater number of neurons in the brain, potentially impacting patients with stroke and obsessive-compulsive disorder (OCD). The technology is not yet FDA-cleared, but the company aims to assess its potential clinical impact in the new studies.
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BrainsWay Ltd. (NASDAQ & TASE: BWAY) announced increased collaboration with a growing mental health treatment provider in the Western US. The provider will receive seven Deep Transcranial Magnetic Stimulation (Deep TMS™) systems, with plans for further expansion. BrainsWay aims to improve access to non-drug mental health treatments for depression, OCD, and smoking addiction.
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BrainsWay Ltd. (NASDAQ & TASE: BWAY) announced expanded availability of its Deep Transcranial Magnetic Stimulation (Deep TMS™) technology in South Korea. Recent sales are expected to bring BrainsWay’s installed base in the country to over 20 Deep TMS systems. The company's CEO, Hadar Levy, expressed satisfaction with the increasing traction of their state-of-the-art technology in South Korea, emphasizing its positive impact on mental health patients. The Deep TMS system, delivered through a patented coil design, is capable of stimulating important neural networks in the brain. BrainsWay’s unique therapeutic solution is currently cleared in South Korea to treat major depressive disorder.
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BrainsWay Ltd. (NASDAQ & TASE: BWAY) Announces Blue Cross Blue Shield of Louisiana's Policy Update on Transcranial Magnetic Stimulation (TMS) Eligibility Criteria
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BrainsWay Ltd. (NASDAQ & TASE: BWAY) reported a robust 61% year-over-year revenue growth in Q3 2023, achieving breakeven operating income, positive Adjusted EBITDA, and cash flow from operations exceeding $1 million. The company also provided an operational update, highlighting significant financial and operational achievements, including revenue growth, gross margin stability, and expansion of Deep TMS technology in various countries. BrainsWay's CEO expressed confidence in the company's performance and future prospects, emphasizing strong revenue growth and cost optimization measures.
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BrainsWay Ltd. announced that the Clinical TMS Society has published coverage recommendations for smoking addiction treatment using TMS. BrainsWay Deep TMS is the only TMS technology FDA-cleared for smoking addiction. The coverage guidance recommends TMS for individuals with Tobacco Use Disorder who failed two alternative treatments or have comorbid medical conditions. Results from BrainsWay's trial showed that over 25% of highly addicted smokers quit with Deep TMS treatment.
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BrainsWay Ltd. will report its third quarter 2023 financial results and operational highlights on November 15, 2023. The company will host a conference call and webcast at 8:30 AM Eastern Time to discuss the results and provide an update on business operations.
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FAQ

What is the current stock price of Brainsway Ltd. (BWAY)?

The current stock price of Brainsway Ltd. (BWAY) is $9.335 as of March 3, 2025.

What is the market cap of Brainsway Ltd. (BWAY)?

The market cap of Brainsway Ltd. (BWAY) is approximately 181.3M.

What is BrainsWay's core technology?

BrainsWay's core technology is Deep Transcranial Magnetic Stimulation (Deep TMS), a non-invasive neurostimulation platform that targets specific brain regions to treat mental health disorders.

What conditions does BrainsWay's Deep TMS treat?

BrainsWay’s Deep TMS is FDA-cleared to treat major depressive disorder (MDD), obsessive-compulsive disorder (OCD), and smoking addiction. It is also being studied for other conditions.

How does BrainsWay generate revenue?

BrainsWay generates revenue through the sale and leasing of its Deep TMS systems, as well as recurring revenue from consumables and maintenance services.

What makes BrainsWay's Deep TMS unique?

BrainsWay's Deep TMS offers deeper and broader brain stimulation compared to traditional TMS, making it effective for patients who may not respond to other treatments.

Where is BrainsWay headquartered?

BrainsWay is headquartered in Jerusalem, Israel, with additional offices in Burlington, Massachusetts, USA.

What are BrainsWay's future growth areas?

BrainsWay is focusing on expanding FDA-cleared indications, conducting clinical trials for new applications, and increasing global adoption of its Deep TMS systems.

Who are BrainsWay's target customers?

BrainsWay’s target customers include mental health providers, hospitals, and clinics seeking effective, non-invasive treatment options for psychiatric and neurological disorders.

What are the advantages of Deep TMS over traditional treatments?

Deep TMS is non-invasive, has no systemic side effects, and requires shorter treatment sessions compared to traditional pharmacological or invasive therapies.

What is BrainsWay's competitive advantage?

BrainsWay's patented Deep TMS technology, extensive clinical validation, and global reach differentiate it from competitors in the neurostimulation market.

Is BrainsWay involved in any partnerships?

Yes, BrainsWay has partnerships with mental health networks, hospitals, and specialized care providers to expand access to its Deep TMS technology globally.
Brainsway Ltd.

Nasdaq:BWAY

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BWAY Stock Data

181.31M
15.50M
19.22%
0.23%
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