BrainsWay Announces Significant Expansion In Western And Central U.S.
Portfolio Pulse from Happy Mohamed
BrainsWay Ltd. announced a significant expansion of its technology platform with an order of 30 new Deep Transcranial Magnetic Stimulation (Deep TMS) systems for the treatment of major depressive disorder (MDD) by a large TMS network of clinics in the Western and Central United States. Several systems also include an H7 Coil for obsessive-compulsive disorder (OCD) treatment.
June 21, 2023 | 12:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BrainsWay's significant expansion with an order of 30 new Deep TMS systems for MDD treatment by a large TMS network in the Western and Central US may positively impact its stock price.
The order of 30 new Deep TMS systems by a large TMS network of clinics in the Western and Central US indicates a growing demand for BrainsWay's technology platform. This expansion may lead to increased revenues and market share, positively impacting BWAY's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100