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Cyberkinetics, NeuroMetrix to form neurostim JV

Executive Summary

Neurostimulation specialist Cyberkinetics Neurotechnology Systems and NeuroMetrix (diagnostics and devices for CNS diseases) have agreed to create a 50/50 joint venture that will develop at least one peripheral nerve injury device incorporating Cyberkinetics's Andara Oscillating Field Stimulator (OFS).
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Contract
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • Joint Venture
    • R&D and Marketing (Licensing)

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