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NeuroOne Medical Technologies Corporation - NMTC STOCK NEWS

Welcome to our dedicated page for NeuroOne Medical Technologies Corporation news (Ticker: NMTC), a resource for investors and traders seeking the latest updates and insights on NeuroOne Medical Technologies Corporation stock.

NeuroOne Medical Technologies Corporation (symbol: NMTC) is a cutting-edge medical technology company based in Eden Prairie, Minnesota. The company specializes in the development and commercialization of innovative thin-film electrode technology designed for continuous electroencephalogram (cEEG) and stereoelectroencephalography (sEEG) recording, brain stimulation, and ablation solutions. These technologies are particularly beneficial for patients suffering from a variety of brain-related disorders, including epilepsy, Parkinson's disease, dystonia, and essential tremors.

NeuroOne's core business revolves around creating comprehensive neuromodulation solutions that integrate cEEG and sEEG recording, monitoring, brain stimulation, and ablation. This focus has led to notable advancements such as the Evo® sEEG system, which is the first FDA-cleared thin-film sEEG-guided RF system capable of both recording electrical activity and ablating nervous tissue, with the added benefit of temperature control.

The company is actively involved in various exciting projects and partnerships. One of their key initiatives is the Drug Delivery Program, which is expected to achieve several important milestones in the near future. Additionally, NeuroOne is continuously enhancing its product portfolio to better serve its target patient population.

Financially, NeuroOne has provided promising updates for the second quarter of the fiscal year 2024. The company’s recent business highlights include significant progress in their OneRF™ Ablation System and Spinal Cord Stimulation Program. Investors and interested parties can access more detailed financial results and updates through their quarterly conference calls and webcasts.

For more information or to get in touch with NeuroOne, please contact them at 800-631-4030 or email ir@nmtc1.com.

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NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) will host a conference call on August 13, 2021, at 9:00 AM ET to discuss its financial results for the third quarter ended June 30, 2021. The company focuses on innovative surgical solutions for neurological disorders. Notably, NeuroOne successfully achieved its first performance milestone in a partnership with Zimmer Biomet, securing exclusive global distribution rights for its Evo™ patented electrode technology. The company has received FDA clearance for this technology in November 2019.

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NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) announced its participation in the Alliance Global Partners Virtual MedTech Summer Conference on July 29, 2021. The event will feature one-on-one virtual meetings between investors and management. NeuroOne focuses on developing advanced EEG recording and ablation solutions for neurological disorders like epilepsy and Parkinson's disease. The company recently achieved a key milestone in its distribution agreement with Zimmer Biomet, further enhancing its market position.

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NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) will present at the Access to Giving Virtual Conference on July 15, 2021, at 2 p.m. ET. The conference aims to connect companies with investors for fundraising opportunities. NeuroOne focuses on innovative solutions for neurological disorders, including epilepsy and Parkinson's disease, leveraging patented electrode technology. The company previously achieved a performance milestone with Zimmer Biomet and received FDA clearance for its Evo cortical technology in November 2019. For more details, visit n1mtc.com.

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NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) has formed a six-member advisory board of distinguished neurosurgeons to aid in the development of its radio frequency ablation electrode. This technology aims to record and ablate brain tissue associated with seizure activity, enhancing surgical procedures for neurological disorders. CEO Dave Rosa emphasized the board's vital role in expediting technology that could improve patient outcomes and reduce costs. NeuroOne's Evo technology gained FDA clearance in November 2019, and the partnership with Zimmer Biomet offers exclusive distribution rights and potential milestone payments.

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NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced its uplisting to The Nasdaq Capital Market, set to commence trading on May 26, 2021. This move aims to enhance the company's visibility among investors and institutional firms. CEO Dave Rosa highlighted the team's efforts over the past four years to achieve this milestone. The company specializes in minimally invasive solutions for neurological disorders, and it has secured exclusive distribution rights for its patented Evo electrode technology through a partnership with Zimmer Biomet, which may lead to significant growth opportunities.

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NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced its participation in the Oppenheimer Medtech, Tools and Diagnostics Summit on May 26, 2021. The summit includes an on-demand presentation for registered participants and one-on-one meetings. NeuroOne focuses on minimally invasive solutions for neurological disorders, including epilepsy and Parkinson's disease. The company has received FDA clearance for its Evo cortical technology, developed in partnership with Mayo Clinic and WARF, and is committed to enhancing surgical care options.

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NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced the appointment of Hijaz Haris as Vice President of Marketing, effective April 27, 2021. Previously a Senior Global Marketing Director at Medtronic, Haris brings over two decades of experience in neurology. CEO Dave Rosa highlighted that this appointment addresses a critical gap in leadership and aims to maximize the company's product portfolio. NeuroOne focuses on minimally invasive solutions for neurological disorders and has received FDA clearance for its Evo cortical technology.

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NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced a reverse stock split of 1-for-3, effective March 31, 2021, at 4:01 PM ET. This move is part of their strategy to uplist to a major exchange. CEO Dave Rosa highlighted the importance of this step, alongside new institutional investments for product development. Following the split, the number of shares will decrease, impacting stock options and warrants proportionately. NeuroOne continues trading under the symbol NMTC with a new CUSIP number of 64130M 209. The company focuses on advanced solutions for neurological disorders.

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NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced that CEO Dave Rosa will appear on the Big Biz Show on April 5, 2021, at 1:15 CST. The discussion will center on the impact of electrical stimulation on treatment modalities and NeuroOne's future role. The company focuses on developing minimally invasive solutions for neurological disorders, including epilepsy and Parkinson's disease. NeuroOne recently completed a milestone with Zimmer Biomet for exclusive distribution rights to its Evo cortical technology, which received FDA clearance in November 2019.

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On February 23, 2021, NeuroOne Medical Technologies Corporation (OTCQB: NMTC) announced achieving its first performance milestone under its agreement with Zimmer Biomet, signed on July 20, 2020. The partnership grants exclusive global distribution rights for NeuroOne's Evo™ patented electrode technology and potential back-end milestone payments. CEO Dave Rosa expressed optimism for the company’s future, supported by recent financing of $12.5 million for Nasdaq uplisting and R&D acceleration. NeuroOne aims to enhance brain recording technologies for various neurological disorders.

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FAQ

What is the current stock price of NeuroOne Medical Technologies Corporation (NMTC)?

The current stock price of NeuroOne Medical Technologies Corporation (NMTC) is $0.7582 as of December 20, 2024.

What is the market cap of NeuroOne Medical Technologies Corporation (NMTC)?

The market cap of NeuroOne Medical Technologies Corporation (NMTC) is approximately 23.1M.

What does NeuroOne Medical Technologies Corporation focus on?

NeuroOne focuses on developing and commercializing thin-film electrode technology for cEEG and sEEG recording, brain stimulation, and ablation solutions.

Where is NeuroOne Medical Technologies Corporation based?

The company is based in Eden Prairie, Minnesota.

What disorders does NeuroOne's technology address?

Their technology addresses brain-related disorders such as epilepsy, Parkinson's disease, dystonia, and essential tremors.

What is the Evo® sEEG system?

The Evo® sEEG system is an FDA-cleared thin-film sEEG-guided RF system that can record electrical activity and ablate nervous tissue with temperature control.

What are some of NeuroOne's current projects?

Current projects include the Drug Delivery Program and the OneRF™ Ablation System, among others.

How can I contact NeuroOne Medical Technologies Corporation?

You can contact them at 800-631-4030 or email ir@nmtc1.com.

What recent financial updates has NeuroOne provided?

In the second quarter of fiscal year 2024, NeuroOne reported progress in the OneRF™ Ablation System and Spinal Cord Stimulation Program.

What type of medical technology does NeuroOne specialize in?

NeuroOne specializes in neuromodulation technology, particularly thin-film electrode technology for cEEG and sEEG recording, brain stimulation, and ablation.

What is the significance of the FDA clearance for NeuroOne's technology?

The FDA clearance for the Evo® sEEG system signifies the approval and safety of the technology for medical use, affirming its efficacy in recording electrical activity and ablating nervous tissue.

Where can I find more detailed financial results and updates about NeuroOne?

Detailed financial results and updates can be accessed through quarterly conference calls and webcasts organized by the company.

NeuroOne Medical Technologies Corporation

Nasdaq:NMTC

NMTC Rankings

NMTC Stock Data

23.13M
25.58M
16.02%
19.43%
0.35%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States of America
EDEN PRAIRIE