News

Neuros Medical receives $1.8 million investment led by North Coast Angel Fund

Neuros Medical Inc. of Cleveland has received a $1.8 million investment led by North Coast Angel Fund and joined by three other Ohio-based investment groups.

The company will use the money to begin product development, expand its management team and complete clinical studies on its “Nerve Block” technology, which uses an electrode to stimulate sensory nerves in the peripheral nervous system to block chronic pain.

The technology was developed by Drs. Kevin Kilgore and Niloy Bhadra of Case Western Reserve University and MetroHealth Medical Center.

In addition to North Coast Angel Fund, which is a group of individual “angel” investors from Northeast Ohio, participating in the investment round were Glengary LLC of Cleveland and two other angel groups, the Columbus-based Ohio Tech Angel Fund and the Queen City Angels First Fund III, and individual investors.

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In the News

August 19, 2010

The Miracle of Science: Helping People with Spinal Cord Injuries Walk

The Miracle of Science: Helping People with Spinal Cord Injuries Walk

You have a spinal cord injury (SCI). Frequently you hear about treatments that may restore mobility, even to the extent of standing and walking. Many of these treatments are offered outside of the United States, and are not regulated by the FDA. The reactions of your support people, including your physicians and therapists, are skeptical and it can be difficult to find reliable data on these options.

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July 6, 2010

Neuros Medical Awarded $1.5 million from U.S. Department of Defense

Neuros Medical Awarded $1.5 million from U.S. Department of Defense

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June 10, 2010

Building Function, Building Hope: Orthotic Management of Pediatric Spinal Cord Injury

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Life, as they say, can turn on a dime. One of the everyday pleasures in a child's life—a car trip, school football game, or bounce on a trampoline—can end with a disastrous snap. Partial or complete spinal cord injury (SCI) currently affects as many as 63,000 American children, according to the Christopher & Dana Reeve Foundation, with consequences that can begin with neural deficit or paralysis and extend to a lifetime of secondary medical problems.

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