Nexstim Agrees on a Strategic Investment into a Management Services Organization of a New Jersey Based Clinic Providing Treatments for Depression Patients - Seite 2

Further information is available on the website www.nexstim.com, or by contacting:

Mikko Karvinen, CEO
[phone]
[e-mail]

About Nexstim Plc

Nexstim is a Finnish, globally operating growth-oriented medical technology company. Our mission is to enable personalized and effective diagnostics and therapies for challenging brain diseases and disorders.

Nexstim has developed a world-leading non-invasive brain stimulation technology for navigated transcranial magnetic stimulation (nTMS) with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain.

Nexstim’s Diagnostics Business focuses on commercialization of the Navigated Brain Stimulation (NBS) system. The NBS System 5 is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain.

Nexstim’s Therapy Business markets and sells the NBS System 6 which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBS 6 system is CE marked for the treatment of major depression and chronic neuropathic pain.

Nexstim shares are listed on Nasdaq First North Growth Market Finland.

For more information, please visit www.nexstim.com

About Siddharta Nadkarni, MD, Neurologist and Psychiatrist

Dr. Siddhartha Nadkarni is a distinguished Neurologist and Psychiatrist in New Jersey, and is affiliated with multiple hospitals in the area, including Hackensack University Medical Center at Hackensack Meridian Health and NYU Langone Hospitals. He received his medical degree from University of Miami Leonard M. Miller School of Medicine and has been in practice for more than 20 years.

Dr. Nadkarni specializes in diagnosing, treating, and managing disorders of the brain and nervous system. With expertise in handling complex conditions like epilepsy, depression and migraines, Dr. Nadkarni employs advanced techniques and personalized treatment plans to improve patient outcomes. As a neurologist, Dr. Nadkarni is committed to staying abreast of the latest developments in neurological research and therapies.

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• Nexstim Plc_Press release_Nadkarni Clinic_04012024_FINAL