NEWTOWN, PA — Helius Medical Technologies, Inc. (CSE: HSM) (“HMT”, “Helius” or the “Company”) is pleased to announce today that it has obtained investigational testing authorization from Health Canada for its PoNS™ device. Helius intends to initiate a study of the PoNS™ device in the treatment of symptoms associated with Multiple Sclerosis (“MS”). On institutional review board (IRB) approval, this study is scheduled to commence at the Montreal Neurological Institute. The PoNS™, an investigational medical device that induces neuromodulation by stimulating the cranial nerves found in the tongue, is initially being studied for the treatment of balance disorder symptoms caused by Traumatic Brain Injury (“TBI”) and MS.
“Part of the business strategy at Helius is to test the PoNS™ device against neurological symptoms of varying etiologies including trauma (as in TBI), progressive disease (as exampled with MS) and potentially a cognitive disorder (such as in Alzheimer’s disease). We are excited to be working with the Montreal Neurological Institute, a world class center for MS research, as we continue to execute on this strategy and direct resources towards this debilitating disease,” said Philippe Deschamps, Chief Executive Officer of Helius.
About Helius Medical Technologies
Helius Medical Technologies is a medical technology holding company focused on neurological wellness. HMT seeks to use unique and non-invasive platform technologies that create portals to the brain to amplify its ability to heal itself. HMT intends to file for U.S. Food and Drug Administration clearance for the PoNS™ device. For more information, please visit www.heliusmedical.com.
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