NeurAxis, Inc.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Company Description
- CEO
- Brian Carrico
- Full Time Employees
- 24
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 11550 North Meridian Street Carmel IN United States of America 46032
- IPO Date
- Aug 9, 2023
- CIK
- 0001933567
- Website
- neuraxis.com
- Similar Companies
- Business
- NeurAxis, Inc. is a medical technology company specializing in the development and commercialization of neuromodulation therapies to treat chronic and debilitating conditions primarily in pediatric and adolescent populations. The company’s core product is IB-Stim, a percutaneous electrical nerve field stimulation (PENFS) device designed as a non-surgical, drug-free solution for functional abdominal pain associated with irritable bowel syndrome (IBS) and functional dyspepsia in patients aged 8 to 21. NeurAxis’s proprietary PENFS technology delivers low-frequency electrical stimulation through cranial nerve branches in the ear to modulate pain-processing centers in the brain. The company targets healthcare providers including hospitals and clinics across the United States. Founded in 2011 and headquartered in Carmel, Indiana, NeurAxis underwent a name change from Innovative Health Solutions, Inc. to its current name in March 2022. Recent major developments include securing a $5 million equity financing round in 2025 to support growth initiatives and commercial expansion. NeurAxis achieved inclusion of its PENFS technology in clinical practice guidelines from leading academic societies, which has positioned IB-Stim as the only FDA-cleared neuromodulation device recommended for pediatric functional abdominal pain. The company also expanded its FDA clearance to include treatment for pediatric functional dyspepsia, broadening its addressable market. Additionally, NeurAxis is advancing national insurance coverage with the forthcoming Category I CPT code utilization beginning January 1, 2026, expected to enhance reimbursement and drive sales growth. These strategic achievements have contributed to strong revenue growth and improved operational efficiency in recent quarters. NeurAxis operates within the healthcare and biotechnology industry, focusing on specialized medical devices. Its mission centers on improving lives by providing safe, effective, evidence-based therapies for children and adolescents suffering from gut-brain interaction disorders. The company’s geographic operations are primarily in the United States, with a focus on advancing adoption of IB-Stim within pediatric gastroenterology treatment settings. As of 2025, NeurAxis maintains a focused product portfolio with an ongoing emphasis on research and innovation in neuromodulation technology to address unmet pediatric healthcare needs. The company is publicly traded on the NYSE American exchange under the ticker NRXS.
Company News
NeurAxis Announces Medical Policy Coverage Milestone, Expanding Access to 26 Million Additional Covered Lives
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NeurAxis Positions for Next Phase of Commercial Growth with Appointment of Craig Blanchard as Chief Commercial Officer
Financial Review: NeurAxis (NASDAQ:NRXS) & MariMed (OTCMKTS:MRMD)
NeurAxis Announces Medical Coverage Policy Milestone, Expanding Access to Over 18 million additional Covered Lives
NeurAxis to Participate in the Lytham Partners Fall 2026 Investor Conference
Neuraxis Gains Nearly 137% in a Year: What's Driving the Stock?
NeurAxis, Inc. (NRXS) Presents at IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026 Transcript
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NRXS Stock Dips Post Q2 Earnings Despite Revenue Surge, Gross Margin Up
NeurAxis, Inc. (NRXS) Q2 2026 Earnings Call Transcript
NeurAxis Expands Payer Coverage with New Policies
NeurAxis to Host Second Quarter 2026 Results and Business Update Call on Tuesday, August 11, 2026
NeurAxis, Inc. (NRXS) Q1 2026 Earnings Call Transcript
NeurAxis Reports Record First Quarter 2026 Financial Results Driven by 80% Year Over Year Revenue Growth
NeurAxis to Host First Quarter 2026 Results and Business Update Call on Tuesday, May 12, 2026
NeurAxis Expands Payer Coverage with Four New Medical Policies
NeurAxis, Inc. Announces Preferred Stock Dividend
NeurAxis Stock Gains Post Q4 Earnings on Strong Revenue Growth