Latest news with #neurotechnology
Forbes
10 hours ago
- Business
- Forbes
Connected Minds: Preparing For The Cognitive Gig Economy
Alex Lazovsky is a General Partner at Palo Alto Growth Capital, a VC firm based in Palo Alto, California—the heart of Silicon Valley. Imagine a future freelancer leasing out a slice of their own mind to a multinational corporation for an hour. In this speculative future, neural implants could allow human brains to plug into a shared 'neural cloud' on demand. Brainpower becomes a tradable resource—cognitive gig workers for hire. It sounds like science fiction, yet rapid advances in neurotechnology and big investments in brain-computer interfaces (BCIs) could someday bring that vision closer to reality. To understand how these advancements could affect businesses and investors, let's take a closer look at the existing technology and where it may be heading. Neurotech startups are already blurring the line between man and machine. Neuralink recently raised over $600 million in a funding round, catapulting its valuation to about $9 billion. This investor enthusiasm reflects the 'convergence of neuroscience and AI' and the belief that it could redefine how humans interact with technology. Neuralink demonstrated a human patient controlling a cursor and even browsing the internet using only their thoughts—early evidence of the transformative potential of high-bandwidth brain implants. Neuralink is not alone. Synchron, an Australian-American firm, has developed a less invasive implant that can be fed into the brain's blood vessels via the jugular vein, avoiding open brain surgery. Meanwhile, Precision Neuroscience raised over $100 million to develop an implant enabling users to control devices with thought. Venture capital is flooding into neurotech—total funding topped $2.3 billion in 2024, a more than threefold increase from just two years prior. From medical device firms to Big Tech, many investors see the brain as the next big platform. These efforts focus initially on healing—giving paralyzed patients new means to communicate or control prosthetics. But their long-term implications could reach further. Futurist Ray Kurzweil predicts that by the early 2030s, we may be able to network the human neocortex to the cloud over high-bandwidth connections. Companies like Neuralink, Paradromics and Blackrock Neurotech are already working on the technical substrate—micron-scale electrode threads and wireless interfaces—that might one day support a neural internet. Early research offers intriguing hints. In one experiment, neuroscientists connected three people's brains so they could jointly play a Tetris-like game via brain-to-brain communication. The system, dubbed BrainNet, showed that multiple minds can collaborate through a direct neural link, even across the internet. 'Our results raise the possibility of future brain-to-brain interfaces that enable cooperative problem-solving by humans using a 'social network' of connected brains,' the team noted. If human brains become nodes on a neural network, a new marketplace may emerge around cognitive capacity on demand. Just as cloud computing turned computing power into a utility, a 'cognitive gig economy' could turn mental work into a cloud service. Individuals might rent out spare brain bandwidth in exchange for payment, performing data analysis, pattern recognition or creative brainstorming via direct neural link. A company of the future might hire 1,000 connected minds for an hour to crowdsource a tough research problem—not by convening a meeting but by literally tapping into distributed human brains through the neural cloud. Such scenarios sound surreal, yet they extrapolate from trends already in motion. Automation and AI are transforming traditional jobs, but paradoxically, human intelligence may become a commodity itself—outsourced, fractional and ubiquitous. Knowledge workers could one day freelance their neurons, akin to Uber drivers lending their cars or time. A 'Brain-as-a-Service' industry might arise, with exchanges or platforms matching those who need cognitive help with those willing to provide it via neural link. For all its promise, this cognitive gig economy raises profound ethical and societal questions. If your brain is connected to the cloud, who safeguards your mental privacy? Brain data can reveal deeply personal information—emotions, memories, even subconscious biases. Questions of cognitive liberty loom large: Would people feel pressured to get brain implants to compete in the future job market? Could employers favor workers who can literally 'multitask' with an AI coprocessor in their heads? There's also the risk of neuro-exploitation. In a world where disadvantaged individuals might rent out their mental processing to make ends meet, new forms of inequality could emerge. The cognitive gig economy might empower people to earn money with their minds, but it could also commoditize human cognition, treating thoughts as labor units. If the 'main products of the 21st-century economy' indeed become 'bodies, brains and minds,' as Yuval Noah Harari suggests, society must grapple with how to value and protect those minds in the marketplace. What steam power and electricity were to past centuries, neural interfaces might be to this one—a general-purpose technology that could transform economies and lives. For forward-looking investors and executives, I recommend keeping a close eye on your head because it may also be your next capital asset. If the next era becomes one of connected minds, those who can balance bold innovation with human-centered ethics might shape a future where brainpower for hire could truly benefit humanity. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Yahoo
4 days ago
- Business
- Yahoo
ONWARD Medical Builds Commercial Momentum for the ARC-EX System and Reinforces its Brain-Computer Interface Leadership in Q1 2025
EINDHOVEN, the Netherlands, June 17, 2025 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD and US OTCQX: ONWRY), the leading neurotechnology company pioneering therapies to restore movement, function, and independence in people with spinal cord injury (SCI) and other movement disabilities, today announces its Q1 2025 business update and year-to-date highlights: Commercial traction: Following FDA market authorization, the Company met its Q1 objective for the limited initial phase of its US launch of the ARC-EX® System, hiring, training and deploying a field organization, establishing a sales and service process, building a roster of reference clinics, and selling ten systems. Technology advancement: The Company's investigational ARC-IM® and ARC-BCI® platforms reached new milestones with the 4th and 5th successful BCI implants to restore thought-driven movement, and the first human implant of its investigational ARC-IM Lumbar Lead, which is designed to help restore mobility. Scientific leadership: Further expanding the body of clinical evidence supporting the ARC-EX System, Pathfinder2 study results published in Neuromodulation: Technology at Neural Interface showed that sustained access to ARC-EX Therapy can continue to drive functional improvements. Participants continued to make gains after one year of treatment. Financial highlights: The Company established a sponsored Level 1 American Depositary Receipt ("ADR") program to facilitate US investor trading and participation in its growth. "Our Q1 achievements reflect ONWARD's successful transition to a commercial organization that delivers breakthrough therapies to people with spinal cord injuries," said Dave Marver, Chief Executive Officer of ONWARD Medical. "The initial demand for our ARC-EX System and strong positive feedback we've received from users gives us confidence we can deliver against expectations in 2025.' Commercial traction ONWARD met its Q1 objective for the limited initial phase of its US launch of the ARC-EX System, hiring, training and deploying a field organization, establishing a sales and service process, building a roster of reference clinics, and selling ten systems. Strong early demand and positive feedback from users suggest the Company expects to meet its 1H sales target of approximately 30 systems and deliver a strong 2025. The Company also secured access to prominent US government online procurement platforms, enabling Veterans Affairs (VA) and other US government buyers to purchase the ARC-EX System. Technology advancement ARC-IM System In the first quarter, ONWARD announced the first human implant of its ARC-IM Lumbar Lead. The new lead is designed for placement in the lumbar region of the spinal cord, the optimal location for therapies targeting restoration of standing, stepping, and lower limb mobility. The Company's ARC-IM Thoracic Lead has been used in humans since early 2023. The Company also announced two new grants to support early clinical feasibility studies using its ARC-IM System to help people with Parkinson's disease. The Michael J. Fox Foundation for Parkinson's Research (MJFF) awarded the Company's research partner .NeuroRestore a USD 1M grant to explore how the ARC-IM System can address mobility challenges in Parkinson's disease. The US Department of Defense awarded a USD 1.5M grant to ONWARD and .NeuroRestore to support a clinical feasibility study to explore how the ARC-IM System can address blood pressure instability in Parkinson's disease. The Company continues to prepare for the initiation of Empower BP, a global pivotal study to assess the safety and efficacy of the ARC-IM System to address blood pressure instability after SCI. Commencement of the study is pending Investigational Device Exemption (IDE) approval from the US Food and Drug Administration (FDA). ARC-BCI System In June, ONWARD announced the 4th and 5th successful implants of its ARC-BCI technology in two additional individuals. These achievements further reinforce ONWARD's leadership in developing BCI-enabled movement solutions for people with SCI. Both procedures were performed at Centre Hospitalier Universitaire Vaudois (CHUV) in Lausanne, Switzerland, under the direction of Jocelyne Bloch, MD, Chief of Neurosurgery. The Company's innovations with BCI technology were featured on CBS 60 Minutes with Anderson Cooper, one of the most respected and longest-running US news programs. The segment highlighted the experience of study participants who received this breakthrough therapy. A companion segment, 60 Minutes Overtime, highlighted the Company's other advancements in SCI and Parkinson's disease. Scientific leadership In the first quarter, ONWARD announced the publication of positive results from the investigator-sponsored Pathfinder2 Study in Neuromodulation: Technology at Neural Interface. This peer-reviewed publication details findings from a one-year trial demonstrating that ARC-EX Therapy combined with activity-based rehabilitation delivered significant functional improvements when administered to people with SCI in community-based rehabilitation centers. Participants experienced gains in upper body strength, trunk control, and balance at one year of treatment, indicating no plateau in therapeutic benefit1. Financial highlights As part of the phased launch of the ARC-EX System in the US, the Company reported EUR 0.4M in revenue. The quarter ended with net cash of EUR 50.5M, in line with expectations. Facilitating greater access for US investors, in April the Company established a sponsored Level 1 American Depositary Receipt ("ADR") program through the Bank of New York Mellon ("BNY"). The ADRs trade on the OTCQX® Best Market under the symbol: ONWRY. Outlook Strong early demand for the ARC-EX System and positive feedback from initial users suggest ONWARD expects to meet its 1H sales target of approximately 30 systems and deliver a strong 2025 in line with expectations. The Company anticipates FDA clearance to market the ARC-EX System for home use. It also anticipates CE Mark authorization so it can begin marketing the device in Europe. The Company further expects to commence its Empower BP global pivotal study for the ARC-IM System. It also plans additional implants of its ARC-IM System and ARC-BCI to explore additional indications in SCI and Parkinson's disease. Webcast details ONWARD will hold a webcast today at 2:00PM CET / 08:00AM EST, hosted by CEO Dave Marver. To join the session, please register using this link. About ONWARD Medical ONWARD Medical is the leading neurotechnology company pioneering therapies to restore movement, function and independence in people with spinal cord injury (SCI) and other movement disabilities. Building on more than a decade of scientific discovery, preclinical research, and clinical studies conducted at leading hospitals, rehabilitation clinics, and neuroscience laboratories, the Company has developed ARC Therapy, which has been awarded ten Breakthrough Device Designations from the US Food and Drug Administration (FDA). The Company's ARC-EX System is cleared for commercial sale in the US. In addition, the Company is developing an investigational implantable system called ARC-IM with and without an implanted brain-computer interface (BCI). Headquartered in the Netherlands, the Company has a Science and Engineering Center in Switzerland and a US office in Boston, Massachusetts. The Company is listed on Euronext Paris, Brussels, and Amsterdam (ticker: ONWD) and its US ADRs can be traded on OTCQX (ticker: ONWRY). For more information, visit and connect with us on LinkedIn. To be kept informed about the Company's technologies, research studies, and the availability of therapies in your area, please complete this webform. For Media Inquiries: Sébastien Cros, VP communications media@ For Investor Inquiries: investors@ Disclaimer Certain statements, beliefs, and opinions in this press release are forward-looking, which reflect the Company's or, as appropriate, the Company directors' current expectations and projections about future events. By their nature, forward-looking statements involve several risks, uncertainties, and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, delays in regulatory approvals, changes in demand, competition, and technology, can cause actual events, performance, or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions, or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Trademarks: ONWARD, ARC-EX, ARC-IM, ARC-BCI, and the stylized O-Logo are proprietary and registered trademarks of ONWARD Medical. Unauthorized use is strictly prohibited. 1ARC-EX Indication for Use (US): The ARC-EX System is intended to deliver programmed, transcutaneous electrical spinal cord stimulation in conjunction with functional task practice in the clinic to improve hand sensation and strength in individuals between 18 and 75 years old that present with a chronic, non-progressive neurological deficit resulting from an incomplete spinal cord injury (C2-C8 inclusive). Other Investigational Products: All other ONWARD Medical devices and therapies including ARC-IM and ARC-BCI are investigational and not available for commercial use.
Yahoo
4 days ago
- Business
- Yahoo
ONWARD Medical Builds Commercial Momentum for the ARC-EX System and Reinforces its Brain-Computer Interface Leadership in Q1 2025
EINDHOVEN, the Netherlands, June 17, 2025 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD and US OTCQX: ONWRY), the leading neurotechnology company pioneering therapies to restore movement, function, and independence in people with spinal cord injury (SCI) and other movement disabilities, today announces its Q1 2025 business update and year-to-date highlights: Commercial traction: Following FDA market authorization, the Company met its Q1 objective for the limited initial phase of its US launch of the ARC-EX® System, hiring, training and deploying a field organization, establishing a sales and service process, building a roster of reference clinics, and selling ten systems. Technology advancement: The Company's investigational ARC-IM® and ARC-BCI® platforms reached new milestones with the 4th and 5th successful BCI implants to restore thought-driven movement, and the first human implant of its investigational ARC-IM Lumbar Lead, which is designed to help restore mobility. Scientific leadership: Further expanding the body of clinical evidence supporting the ARC-EX System, Pathfinder2 study results published in Neuromodulation: Technology at Neural Interface showed that sustained access to ARC-EX Therapy can continue to drive functional improvements. Participants continued to make gains after one year of treatment. Financial highlights: The Company established a sponsored Level 1 American Depositary Receipt ("ADR") program to facilitate US investor trading and participation in its growth. "Our Q1 achievements reflect ONWARD's successful transition to a commercial organization that delivers breakthrough therapies to people with spinal cord injuries," said Dave Marver, Chief Executive Officer of ONWARD Medical. "The initial demand for our ARC-EX System and strong positive feedback we've received from users gives us confidence we can deliver against expectations in 2025.' Commercial traction ONWARD met its Q1 objective for the limited initial phase of its US launch of the ARC-EX System, hiring, training and deploying a field organization, establishing a sales and service process, building a roster of reference clinics, and selling ten systems. Strong early demand and positive feedback from users suggest the Company expects to meet its 1H sales target of approximately 30 systems and deliver a strong 2025. The Company also secured access to prominent US government online procurement platforms, enabling Veterans Affairs (VA) and other US government buyers to purchase the ARC-EX System. Technology advancement ARC-IM System In the first quarter, ONWARD announced the first human implant of its ARC-IM Lumbar Lead. The new lead is designed for placement in the lumbar region of the spinal cord, the optimal location for therapies targeting restoration of standing, stepping, and lower limb mobility. The Company's ARC-IM Thoracic Lead has been used in humans since early 2023. The Company also announced two new grants to support early clinical feasibility studies using its ARC-IM System to help people with Parkinson's disease. The Michael J. Fox Foundation for Parkinson's Research (MJFF) awarded the Company's research partner .NeuroRestore a USD 1M grant to explore how the ARC-IM System can address mobility challenges in Parkinson's disease. The US Department of Defense awarded a USD 1.5M grant to ONWARD and .NeuroRestore to support a clinical feasibility study to explore how the ARC-IM System can address blood pressure instability in Parkinson's disease. The Company continues to prepare for the initiation of Empower BP, a global pivotal study to assess the safety and efficacy of the ARC-IM System to address blood pressure instability after SCI. Commencement of the study is pending Investigational Device Exemption (IDE) approval from the US Food and Drug Administration (FDA). ARC-BCI System In June, ONWARD announced the 4th and 5th successful implants of its ARC-BCI technology in two additional individuals. These achievements further reinforce ONWARD's leadership in developing BCI-enabled movement solutions for people with SCI. Both procedures were performed at Centre Hospitalier Universitaire Vaudois (CHUV) in Lausanne, Switzerland, under the direction of Jocelyne Bloch, MD, Chief of Neurosurgery. The Company's innovations with BCI technology were featured on CBS 60 Minutes with Anderson Cooper, one of the most respected and longest-running US news programs. The segment highlighted the experience of study participants who received this breakthrough therapy. A companion segment, 60 Minutes Overtime, highlighted the Company's other advancements in SCI and Parkinson's disease. Scientific leadership In the first quarter, ONWARD announced the publication of positive results from the investigator-sponsored Pathfinder2 Study in Neuromodulation: Technology at Neural Interface. This peer-reviewed publication details findings from a one-year trial demonstrating that ARC-EX Therapy combined with activity-based rehabilitation delivered significant functional improvements when administered to people with SCI in community-based rehabilitation centers. Participants experienced gains in upper body strength, trunk control, and balance at one year of treatment, indicating no plateau in therapeutic benefit1. Financial highlights As part of the phased launch of the ARC-EX System in the US, the Company reported EUR 0.4M in revenue. The quarter ended with net cash of EUR 50.5M, in line with expectations. Facilitating greater access for US investors, in April the Company established a sponsored Level 1 American Depositary Receipt ("ADR") program through the Bank of New York Mellon ("BNY"). The ADRs trade on the OTCQX® Best Market under the symbol: ONWRY. Outlook Strong early demand for the ARC-EX System and positive feedback from initial users suggest ONWARD expects to meet its 1H sales target of approximately 30 systems and deliver a strong 2025 in line with expectations. The Company anticipates FDA clearance to market the ARC-EX System for home use. It also anticipates CE Mark authorization so it can begin marketing the device in Europe. The Company further expects to commence its Empower BP global pivotal study for the ARC-IM System. It also plans additional implants of its ARC-IM System and ARC-BCI to explore additional indications in SCI and Parkinson's disease. Webcast details ONWARD will hold a webcast today at 2:00PM CET / 08:00AM EST, hosted by CEO Dave Marver. To join the session, please register using this link. About ONWARD Medical ONWARD Medical is the leading neurotechnology company pioneering therapies to restore movement, function and independence in people with spinal cord injury (SCI) and other movement disabilities. Building on more than a decade of scientific discovery, preclinical research, and clinical studies conducted at leading hospitals, rehabilitation clinics, and neuroscience laboratories, the Company has developed ARC Therapy, which has been awarded ten Breakthrough Device Designations from the US Food and Drug Administration (FDA). The Company's ARC-EX System is cleared for commercial sale in the US. In addition, the Company is developing an investigational implantable system called ARC-IM with and without an implanted brain-computer interface (BCI). Headquartered in the Netherlands, the Company has a Science and Engineering Center in Switzerland and a US office in Boston, Massachusetts. The Company is listed on Euronext Paris, Brussels, and Amsterdam (ticker: ONWD) and its US ADRs can be traded on OTCQX (ticker: ONWRY). For more information, visit and connect with us on LinkedIn. To be kept informed about the Company's technologies, research studies, and the availability of therapies in your area, please complete this webform. For Media Inquiries: Sébastien Cros, VP communications media@ For Investor Inquiries: investors@ Disclaimer Certain statements, beliefs, and opinions in this press release are forward-looking, which reflect the Company's or, as appropriate, the Company directors' current expectations and projections about future events. By their nature, forward-looking statements involve several risks, uncertainties, and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, delays in regulatory approvals, changes in demand, competition, and technology, can cause actual events, performance, or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions, or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Trademarks: ONWARD, ARC-EX, ARC-IM, ARC-BCI, and the stylized O-Logo are proprietary and registered trademarks of ONWARD Medical. Unauthorized use is strictly prohibited. 1ARC-EX Indication for Use (US): The ARC-EX System is intended to deliver programmed, transcutaneous electrical spinal cord stimulation in conjunction with functional task practice in the clinic to improve hand sensation and strength in individuals between 18 and 75 years old that present with a chronic, non-progressive neurological deficit resulting from an incomplete spinal cord injury (C2-C8 inclusive). Other Investigational Products: All other ONWARD Medical devices and therapies including ARC-IM and ARC-BCI are investigational and not available for commercial while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
ONWARD Medical Schedules Webcast to Provide Q1 2025 Business Update and Year-To-Date Highlights
EINDHOVEN, the Netherlands, June 11, 2025 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD and US OTCQX: ONWRY), the leading neurotechnology company pioneering therapies to restore movement, function and independence in people with spinal cord injury and other movement disabilities, today announces that it will host a webcast to discuss its Q1 2025 business update and year-to-date highlights. The webcast will be held on June 17, 2025, at 2:00PM CET / 08:00AM ET. It will be hosted by CEO Dave Marver. To join the session, please register using this link. About ONWARD Medical ONWARD Medical is the leading neurotechnology company pioneering therapies to restore movement, function and independence in people with spinal cord injury (SCI) and other movement disabilities. Building on more than a decade of scientific discovery, preclinical research, and clinical studies conducted at leading hospitals, rehabilitation clinics, and neuroscience laboratories, the Company has developed ARC Therapy, which has been awarded ten Breakthrough Device Designations from the US Food and Drug Administration (FDA). The Company's ARC-EX® System is cleared for commercial sale in the US. In addition, the Company is developing an investigational implantable system called ARC-IM® with and without an implanted brain-computer interface (BCI). Headquartered in the Netherlands, the Company has a Science and Engineering Center in Switzerland and a US office in Boston, Massachusetts. The Company is listed on Euronext Paris, Brussels, and Amsterdam (ticker: ONWD) and its US ADRs can be traded on OTCQX (ticker: ONWRY). To learn more about ONWARD Medical's commitment to partnering with the spinal cord injury community to develop innovative solutions for restoring movement, function, and independence after spinal cord injury, please visit To be kept informed about the Company's technologies, research studies, and the availability of therapies in your area, please complete this webform. For Media Inquiries: Sébastien Cros, VP Communications media@ For Investor Inquiries: investors@ Disclaimer Certain statements, beliefs, and opinions in this press release are forward-looking, which reflect the Company's or, as appropriate, the Company directors' current expectations and projections about future events. By their nature, forward-looking statements involve several risks, uncertainties, and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, delays in regulatory approvals, changes in demand, competition, and technology, can cause actual events, performance, or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions, or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Trademarks: ONWARD, ARC-EX, ARC-IM, ARC-BCI, and the stylized O-Logo are proprietary and registered trademarks of ONWARD Medical. Unauthorized use is strictly prohibited. ARC-EX Indication for Use (US): The ARC-EX System is intended to deliver programmed, transcutaneous electrical spinal cord stimulation in conjunction with functional task practice in the clinic to improve hand sensation and strength in individuals between 18 and 75 years old that present with a chronic, non-progressive neurological deficit resulting from an incomplete spinal cord injury (C2-C8 inclusive). Other Investigational Products: All other ONWARD Medical devices and therapies including ARC-IM and ARC-BCI are investigational and not available for commercial use.
Yahoo
09-06-2025
- Business
- Yahoo
28bio Announces Nexon™ Neurotechnology Platform Powered by Engineered Human Brains
Exhibits complex neurological processes—including memory, learning, and cognition—and predicts human outcomes in preclinical drug development NEW ORLEANS, June 9, 2025 /PRNewswire/ -- 28bio today announced the Nexon™ neurotechnology platform—a major advancement in understanding human brain function. The platform integrates tissue engineering, neural interfacing and AI to engineer human brains at-scale and replicate complex neurological processes. The Nexon™ platform is now being used to improve the prediction of therapeutic efficacy and toxicity in humans, with several of the world's largest pharma companies already integrating Nexon™ into their drug development workflows. The Nexon™ platform also incorporates Organoid Intelligence (OI). The growing field of OI combines human brain organoids with brain-machine interfaces to model memory, learning, and cognition in vitro, offering novel functional cognitive biomarkers with the potential to reshape drug development in neurodegenerative disorders including Alzheimer's disease. Neurological drug development faces some of the highest failure rates in the pharmaceutical industry, due to poor translatability of animal models. Despite promising preclinical study results, many therapies ultimately fail in humans—contributing to a growing neurological health crisis and need for more predictive, human-relevant models. "We engineer human brains capable of elucidating the complexity of neurological processes and produce predictive data needed to change the trajectory of neurological drug development," said Alif Saleh, CEO of 28bio. "Industry and regulators are urgently asking for solutions to develop better neurological drugs faster and cheaper." About 28bio28bio is a neurotechnology company engineering human brains at-scale exhibiting memory, learning, and cognitive functions. Its Nexon™ platform integrates tissue engineering, neural interfacing, and AI to reverse today's neurological health crisis by improving the ability to predict which therapies will work in humans. 28bio is committed to advancing ethical standards in the development of brain organoid technology and engineered human cognition. For more information, visit View original content to download multimedia: SOURCE 28bio Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
