TODAY'S NEWS... Endonovo Therapeutics, Inc.
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Endonovo Therapeutics, Inc. (OTCQB: ENDV)
Market Cap: 21.369, Current Share Price: $0.07
ENDV is a clinical-stage developer of non-invasive medical devices called Electroceuticals, which use electrical stimulation to treat disease by reducing inflammation in tissues and organs. The company is concentrated on cardiovascular and cerebrovascular diseases, like stroke. The Company recently announced it has acquired the assets of Rio Grande Neurosciences, a privately-held developer of non-invasive brain stimulation technology for the treatment of CNS disorders. The technology, targeted-Pulsed Electromagnetic Fields (tPEMF), uses radiofrequency (RF) waves at 27.12 MHz to deliver electromagnetic energy to the brain in order to reduce neuroinflammation for the treatment of CNS disorders, such as stroke, traumatic brain injury (TBI), and chronic traumatic encephalopathy (CTE), which have garnered a lot of attention recently because of how many NFL players suffer from concussions and CTE. The technology is a potential blockbuster therapy for CNS disorders because it is a portable, low-power medical device that has shown very strong pre-clinical data in animal models of stroke, traumatic brain injury and experimental autoimmune encephalomyelitis. Unlike drugs, which are nearly impossible to deliver into the brain because of the blood-brain-barrier (BBB), tPEMF therapy is not limited by this issue because it is not a drug, but rather a non-invasive medical device. tPEMF is expected to treat mild TBI "secondary injury" by reducing neuroinflammation and enhancing blood flow, thereby reducing neuropathology.
ENDV is taking over the management and funding of currently planned clinical trials and will initiate additional clinical trials to evaluate tPEMF for the treatment of traumatic brain injury, post-concussion syndrome, stroke and multiple sclerosis. ENDV has also stated that it plans to uplist its common stock onto a national stock exchange, look out for news regarding the uplist. The strong data and the differentiated nature of tPEMF technology makes ENDV a potential blockbuster in the CNS therapy market and an extremely attractive opportunity for investors.
Endonovo Therapeutics, Inc. (ENDV) Stock Research Links
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