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ONWARD Medical's ARC-EX System Now Available on US Veterans Affairs Online Procurement Platforms
ARC Document SolutionsARC Document Solutions(US:ARC) GlobeNewswire News Room·2025-01-29 06:30

Core Points - ONWARD Medical has secured approvals for the ARC-EX System to be purchased through US government procurement platforms, enhancing access for Veterans with spinal cord injuries [1][2] - The partnership with Lovell Government Services is pivotal in facilitating the purchase of the ARC-EX System, which is now available through the VA Federal Supply Schedule and GSA Advantage platforms [1][3] - The ARC-EX System, authorized for commercial sale by the FDA in December 2024, offers a significant advancement in spinal cord injury treatment by delivering targeted stimulation to restore upper extremity function [4][8] Group 1 - The ARC-EX System is now accessible to US government clinics and healthcare facilities, ensuring rapid access for the VA, Military Health System, and other agencies [2][4] - The collaboration with Lovell Government Services aims to improve access to care for Veterans and expand the distribution of the ARC-EX System through additional channels like the Defense Logistics Agency's Electronic Catalog [3][4] - ONWARD Medical is committed to developing innovative solutions for restoring movement and function in individuals with spinal cord injuries, building on extensive scientific research and clinical studies [8] Group 2 - The ARC-EX System is designed for individuals aged 18 to 75 with chronic, non-progressive neurological deficits due to incomplete spinal cord injuries, focusing on improving hand sensation and strength [10] - Lovell Government Services has a strong track record in federal contracting and aims to enhance the availability of medical technologies for Veteran populations [6][8] - ONWARD Medical is headquartered in the Netherlands and operates a US office in Boston, with its stock listed on Euronext [9]