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Helius Medical Technologies, Inc. Announces First Clinical Evidence of Positive Long-term Therapeutic Effects of PoNS Therapy® on Gait Deficit Improvement in Multiple Sclerosis from the PoNS® Therapeutic Experience Program Study
GlobeNewswire· 2025-01-22 12:00
--PoNS Therapeutic Experience Program (PoNSTEP) study demonstrates durable long-term beneficial effects of PoNS Therapy on gait deficit improvement in people with Multiple Sclerosis-- --Statistically significant findings in DGI (Dynamic Gait Index) during Phase 1 and Phase 2 among the 38 subjects who completed the treatment protocol showing a total mean improvement of 5.00 (4.1 to 5.9, p<0.001) at week 14-- NEWTOWN, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) (“Hel ...
Helius Medical Technologies, Inc. Announces Exercise of Warrants and Issuance of New Warrants in a Private Placement for $3.7 Million Gross Proceeds Priced At-the-Market
GlobeNewswire· 2025-01-22 01:00
Transaction Details - Helius Medical Technologies has entered into agreements with certain warrant holders to exercise outstanding warrants for 4,971,110 shares of common stock at a reduced exercise price of $0.751 per share, generating approximately $3.7 million in gross proceeds [1] - The new warrants will be exercisable for up to 6,213,888 shares of common stock, with 3,728,333 warrants exercisable for five years and 2,485,555 warrants exercisable for two years after stockholder approval [3] - Roth Capital Partners is acting as the financial advisor for this transaction [2] PoNS Device and Therapy - The Portable Neuromodulation Stimulator (PoNS) is a non-implantable, orally applied therapy that delivers neurostimulation through a mouthpiece to improve balance and gait, primarily used at home with physical rehabilitation exercises [5] - PoNS is indicated in the US for short-term treatment of gait deficit due to mild-to-moderate multiple sclerosis symptoms and is used as an adjunct to supervised therapeutic exercise programs for patients aged 22 and over [5] - In Canada, PoNS is authorized for sale in three indications: gait deficit due to stroke, chronic balance deficit due to mild-to-moderate traumatic brain injury, and gait deficit due to multiple sclerosis, all used in conjunction with physical therapy [6] - PoNS is also authorized for sale in Australia for short-term use by healthcare professionals as an adjunct to therapeutic exercise programs to improve balance and gait [6] Company Overview - Helius Medical Technologies is a leading neurotech company focused on neurologic deficits using an orally applied technology platform that amplifies the brain's ability to engage physiologic compensatory mechanisms and promote neuroplasticity [7] - The company's first commercial product is the Portable Neuromodulation Stimulator (PoNS) [8]
Helius Medical Technologies, Inc. Announces Strong Enrollment of its Stroke Pivotal Study Exceeding Initial Target
GlobeNewswire· 2025-01-21 12:00
--128 enrolled participants, as of December 31, 2024, exceeds initial target of 90 participants-- --150 maximum participant enrollment projected by end of January-- --The stroke registrational program is intended to demonstrate the safety and effectiveness of the novel Portable Neuromodulation Stimulator (PoNS®) for improving balance and gait deficits in stroke survivors-- --On track for FDA submission for stroke authorization in the second quarter of 2025-- NEWTOWN, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) -- H ...
Helius Announces First Portable Neuromodulation Stimulator (PoNS®) System Sale to the Veterans Affairs (VA) Healthcare System
Newsfilter· 2024-12-23 12:00
NEWTOWN, Pa., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (NASDAQ:HSDT) ("Helius" or the "Company"), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced the first PoNS System sale to the VA Healthcare System. The PoNS System sale through our distributor, Lovell Government Services ("Lovell"), was at the contracted price of $23,844, comprised of $16,499 for the PoNS Controller and $7,345 for the PoNS Mou ...
Helius Medical Technologies, Inc. Provides Updates on Efforts to Achieve Fair Market Access for its Portable Neuromodulation Stimulator (PoNS®) Device
GlobeNewswire News Room· 2024-11-18 13:01
NEWTOWN, Pa., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today provided updates on its efforts to achieve fair market access for its Portable Neuromodulation Stimulator (PoNS) device and announced plans to host a business update call today at 9:00am ET.   “We disagree with the proposed pricing for the PoNS Mouthpiece and are ...
Helius Medical Technologies(HSDT) - 2024 Q3 - Quarterly Report
2024-11-12 22:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38445 HELIUS MEDICAL TECHNOLOGIES, INC. | --- | --- | |----------------------------------------------------------------- ...
Helius Medical Technologies, Inc. to Present at the 2024 ThinkEquity Conference
Prism Media Wire· 2024-10-18 12:00
Helius Medical Technologies, Inc. to Present at the 2024 ThinkEquity Conference NEWTOWN, Pa., Oct. 18, 2024 – PRISM MediaWire – Helius Medical Technologies, Inc. ("Helius" or the "Company") [Nasdaq: HSDT], a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced that it plans to participate in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York. The ThinkEquity Conference gathers institutional ...
Helius Medical Technologies(HSDT) - 2024 Q2 - Earnings Call Transcript
2024-08-13 01:33
Helius Medical Technologies, Inc. (NASDAQ:HSDT) Q2 2024 Results Conference Call August 12, 2024 4:30 PM ET Company Participants Michelle Bilski - IR Dane Andreeff - President and CO Jeff Mathiesen - CFO Conference Call Participants Anthony Vendetti - Maxim Group Operator Good day, and thank you for standing by. Welcome to the Helius Medical Technologies Second Quarter 2024 Earnings Conference Call [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand ...
Helius Medical Technologies(HSDT) - 2024 Q2 - Quarterly Report
2024-08-12 20:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38445 HELIUS MEDICAL TECHNOLOGIES, INC. | --- | --- | |---------------------------------------------------------------------- ...
Helius Medical Technologies(HSDT) - 2024 Q2 - Quarterly Results
2024-08-12 20:15
Exhibit 99.1 1 Helius Medical Technologies, Inc. Reports Second Quarter 2024 Financial Results -- Company to host call at 4:30pm today -- NEWTOWN, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) ("Helius" or the "Company"), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced results for the quarter ended June 30, 2024. Second Quarter and Recent Business Updates ● Secured the first third-p ...