medical technology founded 2003 headquarters malvern pa united states key people christopher thatcher president & ceo mark bausinger chief financial officer mark demitrack md chief medical officer judy ways ph.d. vp regulatory affairs & quality assurance stanford miller vp new business development products neurostar transcranial magnetic stimulation therapy system number of employees approximately 120 website www.neuronetics.com neuronetics is a privately held company developing non invasive treatments for depression and other chronic psychiatric and neurological disorders based upon neuromodulation technology . on september 1 2010 the world economic forum announced the company as a technology pioneer for 2011 . 1 contents 1 products 1.1 fda actions 2 references 3 external links products edit neuronetics first product the neurostar tms therapy system is designed to non invasively stimulate the brain using highly focused mri strength magnetic pulses or transcranial magnetic stimulation tms . neurostar delivers therapy that is highly targeted involving a brain region that is thought to be involved in depression . neurostar tms therapy is prescribed by a psychiatrist and is delivered in an outpatient setting . the patient sits in the chair and undergoes 40 minute sessions over the course of four to six weeks . 2 fda actions edit in january 2007 an advisory panel of the united states food and drug administration fda stated that a tms device had a good safety profile but had failed to demonstrate that it was effective for the treatment of depression in patients with a range of 1 4 prior antidepressant treatment failures . 3 in october 2008 based on the safety and efficacy of rtms in patients with major depression who failed to benefit from 1 prior antidepressant medication the fda cleared the tms device for marketing . the rtms device was cleared by the fda de novo process whereby the device was reclassified to class ii based on safety and efficacy in the indicated population and therefore not subject to premarket approval . 4 references edit thirty one visionary companies selected as technology pioneers 2011 smith aaron 2007 01 26 . fda to consider depression fighting machine neurostar machine could compete with antidepressant drug industry if it wins fda approval . cnnmoney.com . cable news network . a time warner company . retrieved 2010 09 23 . external link in work help scudiero jl 2007 01 26 . brief summary from the neurological devices panel meeting january 26 2007 . fda . retrieved 2010 07 14 . janicak pg ; o reardon jp ; sampson sm ; husain mm ; lisanby sh ; rado jt ; heart kl ; demitrack ma 2008 . transcranial magnetic stimulation in the treatment of major depressive disorder a comprehensive summary of safety experience from acute exposure extended exposure and during reintroduction treatment . the journal of clinical psychiatry . 69 2 222 32 . doi 10.4088 jcp.v69n0208 . pmid 18232722 . external links edit www.neuronetics.com www.neurostartms.com retrieved from https en.wikipedia.org w index.php title neuronetics & oldid 743744393 categories health care companies of the united statescompanies based in chester county pennsylvanianeurophysiologyneuropsychologyneurotechnologytreatment of depressionphysical psychiatric treatmentsamerican companies established in 20032003 establishments in pennsylvaniaprivately held companies based in pennsylvaniahidden categories cs1 errors external links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 11 october 2016 at 01 03 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view