As the financial landscape increasingly intertwines with digital assets, companies are exploring innovative ways to integrate cryptocurrency into their business strategies. This shift reflects a broader trend of traditional firms seeking to enhance their financial reserves and capitalize on the burgeoning decentralized finance ecosystem.Helius Medical Technologies, Inc. HSDT stock is skyrocketing on Monday, with a session volume of 17.89 million compared to the average volume of 351.807 thousand after the c ...

Core Viewpoint - Helius Medical Technologies, Inc. announced positive outcomes from the PoNS Stroke Registrational Program, supporting a planned FDA submission for treating gait and balance deficits in chronic stroke patients under the Breakthrough Device Designation [1][2]. Group 1: Clinical Trials and Results - The PoNS Stroke Registrational Program included two pivotal clinical studies: a double-blind, randomized controlled trial and a single-arm trial, initiated in April 2024, following positive FDA interaction [2][3]. - A total of 159 patients were enrolled across the three studies, with 130 completing both the treatment and follow-up phases, conducted at 10 clinical sites in the US and Canada [3]. - The primary endpoints focused on improving gait and balance deficits after 12 weeks, with secondary endpoints assessing fall risk and durability of effect, showing statistically significant improvements with active PoNS therapy [4][7]. Group 2: Market Potential and Future Plans - Over 7 million stroke patients experience symptoms, with approximately 80% suffering from balance and gait deficits, indicating a substantial market opportunity [5]. - Helius plans to submit an application to the FDA for stroke indication during Q3 2025, aiming to provide an impactful treatment for stroke survivors [5][10]. Group 3: Product Overview - The Portable Neuromodulation Stimulator (PoNS) is a non-implantable device that delivers neurostimulation through a mouthpiece, used in conjunction with physical rehabilitation to improve balance and gait [6][10]. - PoNS has received authorization in Canada for treating gait deficits due to stroke and is also approved in Australia for similar uses [9].

Core Insights - The PoNS Therapeutic Experience Program (PoNSTEP) study demonstrates long-term benefits of PoNS Therapy for gait deficits in individuals with Multiple Sclerosis (MS) [1][2] - The study results were presented at the 2025 Consortium of Multiple Sclerosis Centers (CMSC) Annual Meeting, highlighting the importance of treatment adherence for achieving clinically meaningful improvements [2][3] Study Details - The PoNSTEP study is an open-label, observational, interventional multi-center research study assessing adherence to PoNS Therapy for gait deficits in MS patients [5] - The study involved 43 MS participants and was conducted at six Centers of Excellence across the United States [5] - The primary endpoint is the maintenance of gait improvement from the end of supervised therapy to the end of unsupervised therapy, with secondary endpoints including maintenance of improvement over six months [5] Treatment and Mechanism - PoNS Therapy combines the Portable Neuromodulation Stimulator (PoNS) device with physical therapy, applied for 100-120 minutes per day [5][7] - The PoNS device delivers mild electrical impulses to the tongue and is indicated for short-term treatment of gait deficits due to mild-to-moderate MS symptoms [7][8] Clinical Impact and Recognition - The study provides the first clinical trial evidence of PoNS Therapy's long-term benefits for functional rehabilitation in the MS population [3] - There is growing recognition of PoNS Therapy's direct effect on the central nervous system and its targeted mechanism of action compared to other interventions [3] Reimbursement and Access - Helius Medical Technologies has successfully obtained initial reimbursement from federal and private payers, which is expected to lower barriers to prescribing PoNS Therapy [4] - The company is actively engaging with health insurance providers to expand access to PoNS Therapy for all individuals with MS [3][4]

Core Insights - Aetna has authorized a claim for the PoNS Device at an out-of-network negotiated price of $18,350, joining Anthem and United in providing reimbursement for the device [1][2] - The company is actively pursuing broader in-network coverage for the PoNS Device at list price and aims to align commercial payments with the rates offered by the VA/DoD at $26,228 [2] - The PoNS Device is indicated for short-term treatment of gait deficits due to mild-to-moderate symptoms from multiple sclerosis (MS) and is used in conjunction with physical rehabilitation exercises [3][4] Company Overview - Helius Medical Technologies, Inc. is focused on delivering innovative neurotech solutions for neurologic deficits, with the Portable Neuromodulation Stimulator (PoNS) as its first commercial product [5] - The PoNS Device delivers neurostimulation through a mouthpiece and is primarily used at home to improve balance and gait in patients aged 22 and over [3][5] - The device has shown effectiveness in treating gait and balance issues, significantly reducing the risk of falls in stroke patients in Canada [4]

Core Points - Helius Medical Technologies has demonstrated full compliance with Nasdaq's minimum bid price requirement as of June 3, 2025 [1] - The company is required to regain compliance with the equity requirement by June 30, 2025, as per the extension granted by the Nasdaq Hearings Panel [2] - Helius Medical Technologies focuses on neurologic deficits through its Portable Neuromodulation Stimulator (PoNS) product [3]

Core Insights - Helius Medical Technologies, Inc. will present the final results of the PoNSTEP study, which confirms the efficacy of the Portable Neuromodulation Stimulator (PoNS) device for improving gait in individuals with multiple sclerosis (MS) [1][2] - The study highlights a statistically significant relationship between adherence to PoNS therapy and improvement in gait, indicating that consistent use leads to sustained benefits [3][4] Study Overview - The PoNSTEP study was a three-phase, real-world therapeutic experience designed to evaluate the impact of adherence on gait deficits and long-term outcomes in MS patients [3][8] - Participants underwent two weeks of supervised therapy, followed by 12 weeks of combined clinic and at-home use, concluding with a six-month follow-up to assess the durability of improvements [3][9] Key Findings - Stronger adherence to PoNS therapy resulted in better therapeutic outcomes, with highly adherent participants achieving over 6 points improvement in their Dynamic Gait Index (DGI) scores during the first 14 weeks [4][5] - More than 95% of participants maintained their level of improvement six months post-treatment, demonstrating the durability of the therapy's effects [5][7] Clinical Implications - The study provides evidence of the effectiveness of neuromodulation and neuroplasticity in rehabilitating gait deficits in MS patients, marking a significant advancement in treatment options for this population [7][10] - PoNS therapy is now accessible through insurance via the U.S. Department of Veterans Affairs and Department of Defense, with some commercial healthcare providers beginning to reimburse the device [7][12] About PoNS Device - The Portable Neuromodulation Stimulator (PoNS) is a non-implantable device that delivers neurostimulation through a mouthpiece, used in conjunction with physical rehabilitation exercises to improve balance and gait in MS patients [12][14] - The device is indicated for short-term treatment of gait deficits due to mild-to-moderate MS symptoms and is prescribed for patients aged 22 and older [12][13]