Courtesy of Hawk, Sree Koneru PhD: A Strategic Add
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AInvest
Tuesday, Dec 3, 2024 8:24 am ET
Sree Koneru, PhD, has joined the Board of Directors at BioElectronics Corporation (OTC: BIEL), marking a strategic move for the medical technology company. With a strong background in medical device development and neuromodulation technology, Koneru brings valuable expertise that will likely drive BioElectronics' growth and innovation. This appointment comes as the company continues to focus on delivering non-pharmacological solutions for acute, chronic, and neuropathic pain.
Koneru's extensive experience in prototype development, physiological testing, clinical evaluation, and regulatory submissions has resulted in multiple FDA approvals and CE markings for neuromodulation devices. As a former VP of Product Development at BioElectronics, he played a pivotal role in bringing the company's products to market, securing regulatory approvals, and managing the product lifecycle. His addition to the board signals a strategic commitment to accelerating the company's R&D efforts and expanding its reach.
The global neuromodulation market is projected to reach $16.5 billion by 2025, growing at a CAGR of 11.4% during the forecast period. Koneru's expertise in neuromodulation device development and regulatory submissions positions BioElectronics to capitalize on this growing market by expanding its product offerings, entering new geographical regions, and pursuing strategic partnerships.
Read full article here, https://www.ainvest.com/news/sree-koneru-phd-...1d7e65e29/