NeuroMetrix® Announces Launch of DPNCheck® 2.0, its Fast, Accurate, Quantitative Screening Test for Peripheral Neuropathy

Rhea-AI Summary

NeuroMetrix announces the launch of DPNCheck 2.0, a point-of-care device designed to detect peripheral neuropathy. This innovative device uses advanced nerve conduction technology for quick screening and offers a user-friendly touchscreen interface with improved features. Notably, peripheral neuropathy affects up to 30% of the Medicare-aged population, prompting healthcare providers to focus on early detection to prevent severe complications like foot ulcers. DPNCheck 2.0 will be showcased at the Medicare Advantage Leadership Innovations National Conference on January 24-25, 2023.

Positive

• DPNCheck 2.0 enables rapid screening for peripheral neuropathy, enhancing patient care.
• Features an intuitive design and improved technology leading to easier provider training.
• Potential integration with EHR systems facilitates better population health management.

Negative

• None.

Point-of-care technology helps healthcare providers rapidly identify at-risk patients

WOBURN, Mass., Jan. 23, 2023 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (Nasdaq: NURO) today announced the commercial availability of DPNCheck 2.0, the Company's latest point-of-care device that leverages gold-standard nerve conduction technology to detect peripheral neuropathy. DPNCheck 2.0 provides rapid patient screening with quantitative measurement of peripheral nerve function. It features an easy-to-use touchscreen, onboard step-by-step instructions, improved temperature compensation, real-time nerve response display and other enhancements. Its companion software facilitates clinical documentation of test results. Cloud-based aggregation of population-health data and integration with provider EHR systems is planned for later this year.

Peripheral neuropathy, the systemic degeneration of peripheral nerves, is a common and debilitating condition that may affect up to 30% of the Medicare-aged population. An increasing number of healthcare providers and health plans that support the Medicare population have recently turned their attention to early detection and management of this condition to help reduce their patients’ risk of foot ulcers, falls, pain and other complications. By incorporating screening for peripheral neuropathy using nerve conduction technology, it is possible to uncover elevated risk for these complications earlier and more accurately than traditional clinical approaches such as the monofilament and tuning fork tests.

“For more than a decade, our first-generation DPNCheck device has been used and trusted by thousands of providers to assess over 2-million patients,” said Shai N. Gozani, M.D., Ph.D., Chief Executive Officer, NeuroMetrix. “We are excited to launch our newest version to even better address the needs of our clinical partners. We’ve opened the door to more widespread screening with a user-friendly design that makes it faster and easier for care organizations to roll out and train their point-of-care staff and deploy testing.”

DPNCheck 2.0 will be presented at the Medicare Advantage Leadership Innovations National Conference January 24-25, 2023 at the Renaissance Glendale, AZ. Please visit Neurometrix booth #21 to see the device in action and learn more from NeuroMetrix’s value-based care and population health experts. For more information, visit www.DPNCheck.com.

About NeuroMetrix

NeuroMetrix is an innovation-driven company with a mission to improve individual and population health through novel medical devices and technology solutions for neurological disorders and pain syndromes. The Company has three commercial products. DPNCheck^® is a diagnostic device that provides rapid, point-of-care detection of peripheral neuropathies. ADVANCE^® is a diagnostic device that provides automated, in-office nerve conduction studies for the evaluation of focal neuropathies. Quell^® Fibromyalgia is a wearable neuromodulator that is the first and only FDA-authorized medical device to help reduce the symptoms of fibromyalgia. For more information, visit www.neurometrix.com.

Source: NeuroMetrix, Inc.

Thomas T. Higgins
SVP and Chief Financial Officer
781-314-2761
neurometrix.ir@neurometrix.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aee7be42-c171-4ca3-90f7-e46344542209

FAQ

What is DPNCheck 2.0 and how does it work?

DPNCheck 2.0 is a point-of-care device from NeuroMetrix that uses nerve conduction technology to quickly screen for peripheral neuropathy.

What is the significance of peripheral neuropathy in the Medicare population?

Peripheral neuropathy affects up to 30% of the Medicare-aged population, increasing the risk of serious health complications.

When will DPNCheck 2.0 be presented?

DPNCheck 2.0 will be showcased at the Medicare Advantage Leadership Innovations National Conference on January 24-25, 2023.

How does DPNCheck 2.0 improve patient care?

It allows for quicker and more accurate detection of peripheral neuropathy, enabling timely interventions.

What enhancements does DPNCheck 2.0 offer over its predecessor?

DPNCheck 2.0 includes an easy-to-use touchscreen, improved temperature compensation, and real-time nerve response display.