BURLINGAME, Calif.--(BUSINESS WIRE)--Magnus Medical, Inc., a medical device company and developer of brain stimulation technology for treatment of neuropsychiatric disorders, today announced it received 510(k) clearance from the U.S. Food & Drug Administration (FDA) for the SAINTTM Neuromodulation System for the treatment of major depressive disorder (MDD) in adults who have failed to achieve satisfactory improvement from prior antidepressant medications in the current episode.
Magnus SAINT technology is groundbreaking and could help many patients with major depressive disorder (MDD) who have not responded to treatment with antidepressants, said Alan F. Schatzberg, M.D., the Kenneth T. Norris, Jr. Professor of Psychiatry and Behavioral Sciences at Stanford University, and a Past President of the American Psychiatric Association. The treatment effects observed with SAINT treatment in the double-blinded, randomized controlled trial that was published in the American Journal of Psychiatry were dramatic, rapid, and frequently sustained through the study follow-up period. The technology could result in a fundamental change in the treatment approach to patients with refractory MDD and has the potential to reduce both the morbidity and mortality associated with the disorder.
This FDA clearance of the SAINT Neuromodulation System for depression is really exciting news, said Mark S. George, M.D., distinguished professor of Psychiatry, Radiology and Neuroscience, and director of the Brain Stimulation Division, Psychiatry at the Medical University of South Carolina. This is more than just clearance of another device. This clearance expands the way we can use TMS to treat depression. The older approaches often took six weeks for depression to respond, while this approach observed remission from depression in just five days. That opens up many new possibilities to use SAINT in hospitalized patients, for patients who present to the emergency room, and with different schedules in clinics.'
The American Journal of Psychiatry published results from a double-blinded randomized controlled trial (RCT) evaluating SAINT that shows 79% of people in the active treatment arm entered remission from their depression compared to 13% in the sham treatment arm.
The SAINT Neuromodulation System, which received Breakthrough Device Designation from the FDA, a program intended to help patients receive more timely access to breakthrough technologies with the potential to provide more effective treatment for life-threatening or debilitating conditions than previous therapies, is a novel innovation that is significantly impacting the treatment of severe depression. For the first time, advanced imaging technologies combined with personalized targeting and novel stimulation patterns have yielded a new form of individualized neurostimulation for people with treatment-resistant depression.
We are now at the forefront of an enormous improvement in the care of treatment-resistant depression, thanks to the work of the Magnus team and all those whose efforts have led to the SAINT technology. Todays FDAs clearance for the SAINT Neuromodulation System is a major milestone in our long-term journey to restore and sustain mental health, said Brett Wingeier, Ph.D., co-founder and CEO of Magnus. More broadly, we look forward to seeing this work make a positive impact for the millions of people affected by neuropsychiatric disease. Our clinical research program will continue to yield more insights into how personalized neuromodulation can restore healthy neural activity across a wide variety of mental health conditions.
We expect the commercial launch of our SAINT Neuromodulation System to begin later in 2023 on a limited basis, for which we are building a waitlist and engaging with an overwhelming number of teaching institutions, hospitals, clinics, interested clinicians, and medical professionals, continued Dr. Wingeier.
The SAINT Neuromodulation System uses structural and functional magnetic resonance imaging (MRI) to inform a proprietary algorithm that identifies the optimal anatomic target for focused neurostimulation in people with MDD. This new approach is delivered on an accelerated timeline and is precisely tailored to each persons brain connectivity.
About Magnus
Magnus Medical, Inc., is a privately held medical device company driven to transform lives by restoring mental health. Magnus first FDA-cleared product is the SAINT Neuromodulation System, which received FDA Breakthrough Device Designation for its novel, rapid-acting therapy for treatment-resistant depression. The SAINT Neuromodulation System yields a new form of individualized neurostimulation for adults who have failed to achieve satisfactory improvement from prior antidepressant medications. Magnus leadership team includes Brett Wingeier, Ph.D., chief executive officer, Brandon Bentzley, M.D., Ph.D., chief scientific officer, and Scott Ashworth, chief commercial officer. For more information, visit https://www.magnusmed.com.
- Reell Precision Manufacturing Names Chet Zaslow as Business Development Manager for Medical Technology [Last Updated On: January 31st, 2013] [Originally Added On: January 31st, 2013]
- FastWay [Last Updated On: December 25th, 2018] [Originally Added On: December 25th, 2018]
- PaperPk jobs in Pakistan 2018 in newspaper ads daily ... [Last Updated On: December 25th, 2018] [Originally Added On: December 25th, 2018]
- Health technology in the United States - Wikipedia [Last Updated On: January 2nd, 2019] [Originally Added On: January 2nd, 2019]
- McLEOD SCHOOL OF MEDICAL TECHNOLOGY - Pee Dee Area Health ... [Last Updated On: January 29th, 2019] [Originally Added On: January 29th, 2019]
- Medical technologist - Wikipedia [Last Updated On: January 29th, 2019] [Originally Added On: January 29th, 2019]
- Medical Technology Ireland [Last Updated On: January 29th, 2019] [Originally Added On: January 29th, 2019]
- Medical Laboratory Science/ Medical Technology at APSU [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- RWJBarnabas Health - Comprehensive Healthcare in New Jersey [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- Home - Secaucus, NJ [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- Ultrasound - Wikipedia [Last Updated On: February 14th, 2019] [Originally Added On: February 14th, 2019]
- Indian Health Service | Indian Health Service (IHS) [Last Updated On: February 14th, 2019] [Originally Added On: February 14th, 2019]
- Medical Technology | Statista [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- Medical Technician Career Guide | All Allied Health Schools [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- Medical Technology Insurance | Travelers [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- The Field of Medical Technology : : About the Program ... [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- Technology Essay Sample: Medical Technology ... [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- Medical Technology Degree Program | Med Tech Certification [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- Medical Technologist Career Profile - verywellhealth.com [Last Updated On: February 19th, 2019] [Originally Added On: February 19th, 2019]
- B.S. in Medical Technology - Caldwell University, New Jersey [Last Updated On: March 5th, 2019] [Originally Added On: March 5th, 2019]
- 17 Amazing Healthcare Technology Advances of 2017 [Last Updated On: March 12th, 2019] [Originally Added On: March 12th, 2019]
- Department of Medical and Research Technology | University ... [Last Updated On: March 17th, 2019] [Originally Added On: March 17th, 2019]
- Home | FMC Meditech - Medical Technology Recruitment [Last Updated On: March 17th, 2019] [Originally Added On: March 17th, 2019]
- BS in Medical Technology in the Philippines [Last Updated On: April 4th, 2019] [Originally Added On: April 4th, 2019]
- Medical Technologist Jobs, Employment in New Jersey ... [Last Updated On: April 11th, 2019] [Originally Added On: April 11th, 2019]
- Medicine - Scientific American [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Medical Technologist: Job Description, Duties and Requirements [Last Updated On: May 12th, 2019] [Originally Added On: May 12th, 2019]
- Medical Technologist Jobs, Employment | Indeed.com [Last Updated On: May 19th, 2019] [Originally Added On: May 19th, 2019]
- Medical Technology : College of Nursing and Health ... [Last Updated On: May 20th, 2019] [Originally Added On: May 20th, 2019]
- Salary: Medical Technologist | Glassdoor [Last Updated On: May 20th, 2019] [Originally Added On: May 20th, 2019]
- Medical Technologist Degrees | All Allied Health Schools [Last Updated On: May 20th, 2019] [Originally Added On: May 20th, 2019]
- Online Medical Lab Technician & Medical Technology Degrees [Last Updated On: May 20th, 2019] [Originally Added On: May 20th, 2019]
- Medical Technology Jobs in the U.S. Navy - Navy.com [Last Updated On: May 22nd, 2019] [Originally Added On: May 22nd, 2019]
- New Study in Medical Devices industry of the High-intensity Focused Ultrasound System Market include Strategies, Competitive Research & Growth By... [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Should investors take a bet on surgical robotics? - The Globe and Mail [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- How Springfield Technical Community College is training medical professionals to respond to crisis situations with robotic patients - MassLive.com [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- The FDA's Critical Focus on Women's Health - FDA.gov [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Stock In The Spotlight ::Creative Medical Technology Holdings Inc, (OTC:CELZ) - Ws News Publisher [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Is There Enough Room Left To ::Creative Medical Technology Holdings Inc, (OTC:CELZ) - Ws News Publisher [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Artificial Intelligence Is Being Used To Diagnose Disease And Design New Drugs - Forbes [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Axonics Provides Full One-Year Results from ARTISAN-SNM Pivotal Study at AUGS/IUGA Joint Scientific Meeting - Business Wire [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Time For A Checkup On This Health Care ETF - Benzinga [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- AngioDynamics Acquires Eximo Medical, Ltd. and its Innovative 355nm Laser Atherectomy Technology - Business Wire [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- How to improve screening for social determinants of health - American Medical Association [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Bipartisan team of lawmakers put the squeeze on medical device tax - Chamber Business News [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- The Rise of the Deep: Eric Topols Deep Medicine To Stand The Test Of Time - Forbes [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- New Technology Makes Moves in the Medical Industry - Machine Design [Last Updated On: October 4th, 2019] [Originally Added On: October 4th, 2019]
- Medical Imaging Diagnosis Market Investigation by Application, Technology and Product Type - The Charterian [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- TIER Mobility raises US$60 million in its Series B led by Mubadala Capital and Goodwater Capital - Business Wire [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- 4 Reasons Why CT is the Best Method for Medical Device Quality Inspection - Quality Magazine [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- Artificial Joints Market Research and New Innovations in Medical Sector 2019 to 2025 - The Chicago Sentinel [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- Medical Technologist Job in Multiple Locations - Department of the Air Force - LemonWire [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- UI graduate student works to commercialize drug that prevents osteoarthritis - UI The Daily Iowan [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- CONMED Corporation to Announce Third Quarter 2019 Financial Results on October 30, 2019 - BioSpace [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- TE Connectivity Collaborates With Hanhaa and Avnet to Advance Smart Tracking - PRNewswire [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- Medtronic Initiates Worldwide Pivotal Study of a New Approach to Treating Dangerously Fast Heart Rhythms - GlobeNewswire [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- Axonics Broadens EU Commercial Footprint with Recommendation for Reimbursement in France and Supply Contract in Norway - Business Wire [Last Updated On: October 7th, 2019] [Originally Added On: October 7th, 2019]
- Safe Orthopaedics Announces the Approvals of SteriSpine LC and CC in Japan - Business Wire [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Microspheres Market 2019 | Remarkable Growth Factors with Industry Size & Share, New Innovations of Leading Players & Forecast till 2024 -... [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Members Move Medicine: Tackling the underlying barriers to care - American Medical Association [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Why collaboration is key for the medtech industry to deliver life-saving innovations - create digital [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- PhenoMx executes MOU to develop strategic initiatives for Thailand's biotech, life sciences and medical industries - The New Economy [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- X-Ray Detectors Market Report Extensive Analysis 2019 | Specified by Production, Technology, Competition, and Revenue Forecast till 2024 - Elamal News [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- The Future of Proton Beam Therapy - Nature World News [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- GTX merges with NeuroRecovery Technologies to form GTX medical BV - Medical Device Network [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Misonix to Report Fiscal 2020 First Quarter Financial Results and Host Conference Call and Webcast on November 7 - GlobeNewswire [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Private health insurers say cost of medical devices putting pressure on premiums - The Guardian [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- These Apps Say You May Have a Health Disorder. What if Theyre Wrong? - The New York Times [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- The real horror this Halloween is the FDA's drug approval process | TheHill - The Hill [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- OraSure simplifies medical testing worldwide. Why the CEO says theyre still based in Bethlehem. - lehighvalleylive.com [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- 10 Medical Advances That Will Shape the Future of Healthcare - Discover Magazine [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Medical billing is a nightmare, but start-up Ooda is working to make it way easier, and some insurers are optimistic - CNBC [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- What We Know About the Man Accused of Stabbing His Mother to Death in a Plainville Kitchen - NBC10 Boston [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Where Are The Medical CIOs Investing? - Medical Tech Outlook [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Neuronetics and Success TMS Partner to Increase Patient Access to Leading Depression Treatment, NeuroStar Advanced Therapy - The Courier-Express [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Medical Device Security Market Growth Analysis 2019 to Share Key Aspects of the Industry with the details of Influence Factors Forecast to 2024 -... [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- 3Ms Shares Could Cross $200 Next Year Thanks To Acelity Acquisition - Forbes [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Judge to hear motion aiming to temporarily shut down Newton County plant - CBS46 News Atlanta [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- NYC Marathon Runners Turning To Intensive Medical Technology To Reach Peak Performance - CBS New York [Last Updated On: October 28th, 2019] [Originally Added On: October 28th, 2019]
- Misonix to Participate in Three Upcoming Investor Conferences - Associated Press [Last Updated On: November 5th, 2019] [Originally Added On: November 5th, 2019]