Electromedical Products International, Inc. Announces Acquisition of Pulvinar Neuro
MINERAL WELLS, Texas, March 17, 2022 /PRNewswire/ -- Electromedical Products International, Inc. (EPI), the leading medical device engineering and manufacturing company using cranial electrotherapy stimulation (CES) to treat mental health and pain disorders, is pleased to announce its acquisition of Pulvinar Neuro (Pulvinar), a leading research-oriented medical device firm focused on the development of closed-loop and other novel neuromodulating brain stimulation solutions for the clinical treatment of various mental health disorders.
Pulvinar Neuro expands our scientific and research capabilities addressing non-invasive, drug free treatment solutions .
EPI is the market leader in low-current, non-invasive CES and microcurrent electrical therapy (MET) technology for the safe, fast, effective and drug-free treatment of anxiety, insomnia, depression, and pain. The company was founded in 1981 by Dr. Daniel Kirsch and has a long-standing track record of marketing its patented, FDA-cleared Alpha-Stim® technology with devices being sold in more than 50 countries worldwide.
The acquisition will provide Pulvinar resources to accelerate the development and commercialization of its patented and proprietary technologies, including transcranial alternating current stimulation (tACS), individualized feedback stimulation, and cloud-enabled digital therapeutics for the treatment of psychiatric and neurological illnesses. This transaction supports Pulvinar's mission as a company founded by researchers for researchers and will facilitate its ability to advance and expand collaborations with the research community to develop this technology for clinical applications.
"We are very excited about adding Pulvinar and its team of brain stimulation and data science experts to our team. Pulvinar expands our scientific and research capabilities addressing non-invasive, drug free treatment solutions for anxiety, insomnia, depression and pain as well as other indications we plan to pursue for FDA clearance," said EPI's CEO Tracey B. Kirsch.
Pulvinar Neuro was founded by Dr. Flavio Frohlich, Associate Professor of Psychiatry and Director of the Carolina Center for Neurostimulation at the University of North Carolina School of Medicine.
"Our transaction with EPI, the leader in non-invasive electric brain stimulation, is a unique opportunity to dramatically accelerate the translation of the next generation brain stimulation technology from the research to the clinical arena," said Dr. Frohlich.
Pulvinar Neuro CEO Dr. Leah Townsend said, "I am looking forward to working with EPI to bring the next generation of personalized non-invasive brain stimulation to market, complementary with EPI's suite of devices, which we are confident will benefit millions of patients who are looking for effective and safe treatment options. I could not imagine a better partner than EPI with its decades of experience in developing and commercializing its technology."
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SOURCE Electromedical Products International, Inc.