Magstim expands in deal acquiring EGI portfolio

Magstim, a global leader in transcranial magnetic stimulation (TMS), has acquired the product portfolio of Electric Geodesics Inc (EGI),from Royal Philips. WalesOnline reports the value of the deal is not being disclosed. TMS, which Magstim pioneered, is a non-invasive outpatient therapy with very few side effects that is used to treat major depressive disorder. EGI … Continue reading Magstim expands in deal acquiring EGI portfolio

Study looking at treatment-resistant depression

A psychiatrist in Winnipeg, Canada is searching for people to take part in a research study that may include access to Magstim TMS. Magstim is based in Whitland, Carmarthenshire. The company has always been at the cutting edge of the evolution of transcranial magnetic stimulation (TMS) from its conception as a valuable research tool to … Continue reading Study looking at treatment-resistant depression

Magstim Horizon Performance receives 510(k) clearance

Magstim has announced the FDA has issued 510(k) clearance of its Horizon Performance TMS therapy system and is making it immediately available for sale in the US. The product also recently received a CE mark. Dr Andrew Leuchter, Professor of Psychiatry and Director of the Neuromodulation Division at the Semel Institute of Neuroscience and Human … Continue reading Magstim Horizon Performance receives 510(k) clearance

Magstim depression therapy product receives CE mark

Magstim has announced its latest TMS therapy product, the Horizon Performance, has received a CE mark. Magstim is the brains behind transcranial magnetic stimulation (TMS), an innovative and proven therapy which uses a series of repetitive, brief and highly focussed magnetic pulses to stimulate brain cells. The Horizon Performance is its first all in one … Continue reading Magstim depression therapy product receives CE mark

Magstim introduces next generation TMS therapy

Magstim has introduced Horizon, its next generation platform for TMS applications. Magstim say HORIZON is a versatile, user friendly TMS system with a comprehensive range of services designed to help treat more patients safely and effectively each day, as well as run a successful TMS practice. Its treatment coil and cooling module reduce wait time … Continue reading Magstim introduces next generation TMS therapy

Magstim launches health record management solution

Magstim has launched INSIGHT, the first cloud-based electronic health record management solution for TMS practices (Mediwales, 2017). Magstim INSIGHT is a convenient and mobile platform created to securely store patient and TMS treatment information. American TMS providers will be able to share data remotely with co-workers, track patients’ progress and chart their treatment outcomes. It … Continue reading Magstim launches health record management solution

Magstim announces new distribution partnership in the Netherlands

Magstim has announced a new partnership with Neurostim, a distributor based in Enschede in the Netherlands. The partnership involves the exclusive distribution of the Magstim TMS product range (Magstim, 2016). Neurostim has over thirteen years experience in medical device sales and marketing. The business development company focuses on the medical and technical area, and has … Continue reading Magstim announces new distribution partnership in the Netherlands

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