Neuros Medical, Inc. Awarded $1.5 Million from U.S. Department of Defense
7/1/2010 12:57:55 PM
CLEVELAND--(BUSINESS WIRE)--Neuros Medical, Inc., a medical device company announced today they have received notification of award for $1.5 million from the U.S. Department of Defense. The Applied Research and Technology Development Award was provided by the Defense Medical Research and Development Program (DMRDP). The funding will aid technology development and human clinical research for their novel neurostimulation therapy, called Nerve Block, focusing on the treatment of chronic residual limb pain which is suffered by nearly one million amputees. The Company’s technology utilizes high frequency alternating current stimulation to block chronic pain signals in the peripheral nervous system.