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
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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.
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