NeuroRecovery, GTX Medical merge to advance devices for spinal cord injury treatment

Spinal Tech

NeuroRecovery Technologies merged with GTX Medical to form a new neurostimulation company, GTX Medical BV.

Four insights:

1. The company is developing therapies to improve functional recovery of patients with spinal cord injuries.

2. GTX Medical BV is designing an implantable spinal cord stimulation device with real-time motion feedback known as targeted epidural spine stimulation.

3. The company is also developing a transcutaneous spinal cord stimulation device to restore upper limb movement and hand function.

4. The Christopher & Dana Reeve Foundation, a nonprofit focused on advancing spinal cord injury research, will be a shareholder in the company.

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