BrainsWay Ltd.
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- BrainsWay Ltd. provides advanced non-invasive neurostimulation therapies for mental health conditions to markets including the United States, Europe, and Israel. The company's primary offering is its Deep Transcranial Magnetic Stimulation (Deep TMS) platform, which employs proprietary H-coil technology to stimulate deeper and broader brain regions. This innovative approach is utilized for several FDA-cleared indications, specifically major depressive disorder, including cases with co-occurring anxiety, obsessive-compulsive disorder, and smoking addiction. Recently, the Deep TMS system received expanded FDA clearance for major depressive disorder in adolescents aged 15 to 21, making it the only TMS device approved across this broad age range. Furthermore, an accelerated Deep TMS protocol for major depressive disorder has been cleared, significantly shortening the acute treatment phase. BrainsWay serves psychiatrists, hospitals, and medical centers, delivering its systems through both sales and a recurring revenue leasing model. The company, established in 2003 and headquartered in Jerusalem, Israel, is actively expanding its market reach through strategic investments in U.S. mental health providers and by exploring at-home neuromodulation solutions and new indications like alcohol use disorder.
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