Neuros Medical, a Case Western Reserve University spinout, has raised $69.8m since it was founded in 2008.
Neuros Medical, a US-based pain treatment device spinout of Case Western Reserve University, has obtained $37m in a round targeting $42.8m, according to a regulatory filing.
Founded in 2008, Neuros Medical is progressing a clinical-stage implant dubbed Electrical Nerve Block that exploits electric impulses to inhibit damaged nerve centres responsible for chronic pain.
The technology involves hooking an electrode around the nervous system’s peripheral to conduct electricity from a pacemaker-sized generator, treating indications such as post-surgical pain and…
