Neuronetics' NeuroStar Advanced Therapy cleared by FDA for treating adolescent depression.
Neuronetics shares increased 15% after the FDA cleared their NeuroStar Advanced Therapy as an adjunct for treating major depressive disorder in adolescents aged 15-21. This is the first FDA-cleared transcranial magnetic stimulation treatment for this age group. The FDA decision is partly based on data from NeuroStar's TrakStar platform, showing 78% of adolescents achieved meaningful improvement in their depression severity.
March 25, 2024
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