Brainsway Ltd. (TASE:BRIN) has started sales of its Deep TMS (transcranial magnetic stimulation) device in the US for non-invasive treatment of major depression, after completing production of the first 100 devices at a standard suitable for marketing.
Brainsway will unveil the Deep TMS for the US market at the American Psychological Association (APA) annual meeting in
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In late 2012, Brainsway obtained US Food and Drug Administration (FDA) approval for the Deep TMS device for the treatment of depression in patients who fail to respond to therapeutics during a depression episode. Health Canada approved the product for this indication shortly afterwards.