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Helius Medical Technologies Inc HSDT

Helius Medical Technologies, Inc. is a neurotech company in the medical device field. It is focused on neurologic deficits using orally applied technology platform that amplifies the brain’s ability to engage physiologic compensatory mechanisms enhancing the lives of people dealing with neurologic diseases. It develops, licenses, or acquires non-implantable technologies targeted at reducing symptoms of neurological disease or trauma. Its product Portable Neuromodulation Stimulator (PoNS) is a non-implantable 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 chronic balance deficit. PoNS Therapy is integral to the overall PoNS solution and is the physical therapy applied by patients during use of the PoNS neuromodulation stimulator. PoNS is used as an adjunct to a supervised therapeutic exercise program in patients 22 years of age and over by prescription only.


NDAQ:HSDT - Post by User

Post by prokofievon Sep 06, 2018 6:37pm
143 Views
Post# 28575774

Presentation: Accelerated Commercialization?

Presentation: Accelerated Commercialization?First time I hear anything about this... Wonder if that means receiving cash upfront from Worker's Compensation, or something else? In any case, this would be a positive and most likely catalyze the stock pre FDA approval! 

“At the end of June we had about $16M on hand, essentially enough money to get us through FDA clearance. Over the nest 3-6 months as the commercialization development continues to elucidate itself, we will see if it makes sense to accelerate our spend based on an opportunity for worker’s compensation reimbursement that would change the game.”

Prokofiev 
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