Edison Initiates Coverage on Nexstim

Edison Investment Research, a leading international investment research firm, announces the initiation of full coverage of Nexstim

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Edison Investment Research

Sep 16, 2015, 10:56 ET

LONDON, September 16, 2015 /PRNewswire/ --

Highlights of the analysis on Nexstim by Edison's healthcare analysts Hans Bostrom and Christian Glennie include:

Nexstim's Navigated Brain Therapy System could transform the rehabilitation of hemiplegic stroke patients. Success in the ongoing Phase III trial may enable a US launch in late 2017. We expect the NBT system to gradually capture a third of the €1.6bn market opportunity and value Nexstim at €112m based on a 70% probability of success.

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Nexstim has developed a non-invasive brain stimulation technology (nTMS) used as a diagnostic device for brain surgery planning (NBS System, currently marketed); and as an aid to promote rehabilitation after stroke (NBT System, in Phase III trials).

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For more information please contact:

Hans Bostrom
Edison Investment Research
+44(0)20-3681-2522

Christian Glennie
Edison Investment Research
+44(0)20-3077-5727

[email protected]

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SOURCE Edison Investment Research