Finland · Medical Device
Nexstim is a medical device company that specializes in image-guided transcranial magnetic stimulation.
Public · FRA:5NXFor profit
What the record says about Nexstim as a customer or partner.
Set against 62 Medical Device companies in Finland. The ring marks the typical peer.
Across all 5.9M companies: larger than 33% of those with a size listed; older than 40% of those with a founding year; website ranked #3,619,863 in the world, about 4k visits a month. 54 people list it on LinkedIn, and 5,710 follow it.
Nexstim is a Finnish, globally operating medical technology company. Founded in 2000 in Helsinki, Finland, Nexstim is committed to improving the quality of life of patients with significant unmet clinical needs. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders. Nexstim has developed a world-leading non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with… Read all
Nexstim is a Finnish, globally operating medical technology company. Founded in 2000 in Helsinki, Finland, Nexstim is committed to improving the quality of life of patients with significant unmet clinical needs. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders. Nexstim has developed a world-leading non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain. SmartFocus® technology is used in Nexstim’s proprietary Navigated Brain Therapy (NBT®) system, which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBT® system is CE marked for the treatment of major depression and chronic neuropathic pain. In addition, Nexstim is commercializing its SmartFocus® based Navigated Brain Stimulation (NBS) system for diagnostic applications. The NBS system is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on Nasdaq First North Growth Market Finland.
BiotechnologyHealth CareHealth DiagnosticsMedical DeviceTherapeuticsTMSnTMSBrain MappingTranscranial Magnetic Stimulation
What the source datasets report. We have not watched these rounds ourselves, and do not hold this company in the startups database.
$37M
raised in total across 7 rounds
Last raised Jun 2024, 2 years ago
Who started it and how it trades.
Everything the source datasets list about Nexstim, field by field. Contact details are held but never shown.
The company8 fields
Where3 fields
Size and reach5 fields
Funding, as listed9 fields
About this record2 fields
Growth, as the source summarises it
Nexstim may be growing as indicated by several news articles highlighting its expansion and financial activities. The company has been recognized as a major player in the transcranial magnetic stimulator market, which suggests a strong market presence and potential for increased revenue. Additionally, the company has received a new order for its NBS 6 therapy system in the United States, expanding its user community and potentially increasing its sales and market share. Furthermore, the company's stock is reported to be on the rise in the Helsinki stock exchange, which could reflect investor confidence and a positive financial outlook.
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