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Helius Medical Technologies, Inc. to Release First Quarter of Fiscal Year 2021 Financial Results on May 17, 2021

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Helius Medical Technologies (NASDAQ:HSDT) announced its upcoming release of Q1 fiscal year 2021 financial results on May 17, 2021, after market close. Management will host a conference call at 5:00 PM ET to discuss the results. The Portable Neuromodulation Stimulator (PoNS™), Helius's main product, is utilized for treating gait deficits related to multiple sclerosis. The device is approved for use in the U.S. and Canada, while it remains investigational in the EU and Australia. Further details are available on Helius's investor relations website.

Positive
  • Scheduled release of Q1 fiscal year 2021 financial results may indicate improved revenue or performance metrics.
  • The PoNS device has established regulatory approval in the U.S. and Canada, expanding its market potential.
Negative
  • No specific financial metrics were provided in the PR, implying uncertainty about performance.

NEWTOWN, Pa., April 07, 2021 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (NASDAQ:HSDT) (TSX:HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that first quarter of fiscal year 2021 financial results will be released after the market closes on Monday, May 17th.

Management will host a conference call at 5:00 p.m. Eastern Time on May 17th to discuss the results of the quarter and fiscal year. Those who would like to participate may dial 877-407-2988 (201-389-0923 for international callers) and provide access code 13718676. A live webcast of the call will also be provided on the Events section of the Company's investor relations website and can be accessed directly via the following link: https://78449.themediaframe.com/dataconf/productusers/hls/mediaframe/44540/indexl.html.

For those unable to participate, a replay of the call will be available for two weeks at 877-660-6853 (201-612-7415 for international callers); access code 13718676. The webcast will be archived on the Events section of the Company’s investor relations website.

About Helius Medical Technologies, Inc.

Helius Medical Technologies is a neurotech company focused on neurological wellness. The Company’s purpose is to develop, license and acquire unique and non-invasive platform technologies that amplify the brain’s ability to heal itself. The Company’s first commercial product is the Portable Neuromodulation Stimulator (PoNS™). For more information, visit www.heliusmedical.com.

About the PoNS Device and PoNS Treatment

The Portable Neuromodulation Stimulator (PoNS™) is an innovative non-surgical medical device, inclusive of a controller and mouthpiece, which delivers mild electrical stimulation to the surface of the tongue to provide treatment of gait deficit and is indicated for use in the United States as a short term treatment of gait deficit due to mild-to-moderate symptoms from multiple sclerosis (MS) and is to be used as an adjunct to a supervised therapeutic exercise program in patients 22 years of age and over by prescription only. The PoNS device is authorized for sale in Canada as a class II, non-implantable, medical device intended as a short term treatment (14 weeks) of gait deficit due to mild and moderate symptoms from MS, and chronic balance deficit due to mild-to-moderate traumatic brain injury (mmTBI) and is to be used in conjunction with physical therapy. The PoNS device is an investigational medical device in the European Union (“EU”) and Australia (“AUS”). It is currently under premarket review by the AUS Therapeutic Goods Administration.

Investor Relations Contact:

Westwicke Partners on behalf of Helius Medical Technologies, Inc.

Jack Powell, Vice President

investorrelations@heliusmedical.com


FAQ

When will Helius Medical Technologies release its Q1 financial results?

Helius Medical Technologies will release its Q1 financial results on May 17, 2021, after market close.

What is the Portable Neuromodulation Stimulator (PoNS™) used for?

The PoNS device is used for treating gait deficits in patients with mild-to-moderate symptoms from multiple sclerosis.

Is the PoNS device approved for use outside of the U.S.?

The PoNS device is approved in Canada but remains investigational in the EU and Australia.

What time is the conference call to discuss Helius's Q1 results?

The conference call is scheduled for 5:00 PM ET on May 17, 2021.

Helius Medical Technologies, Inc.

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Medical Devices
Electromedical & Electrotherapeutic Apparatus
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United States of America
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