Axonics® Announces U.S. Food & Drug Administration Approval of Next Generation Implantable Neurostimulator
Axonics, Inc. (AXNX)
Last axonics, inc. earnings: 3/4 04:01 pm
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Source: Business Wire
New Implantable Neurostimulator Decreases Recharge Interval to Only Once a Month IRVINE, Calif.--(BUSINESS WIRE)--Axonics Modulation Technologies, Inc. (NASDAQ: AXNX), a medical technology company that has developed and is commercializing novel implantable sacral neuromodulation (“SNM”) devices for the treatment of urinary and bowel dysfunction, today announced the U.S. Food & Drug Administration (“FDA”) approval of its next generation rechargeable implantable neurostimulator (“INS”) for its r-SNM® System under a premarket approval (“PMA”) supplement.This next generation INS decreases how frequently a patient needs to recharge their implanted device to once a month for about one hour1. This compares to the current recharging interval which is one hour every two weeks. This new feature will also give patients the option to customize their charging experience, for example, choosing to charge for only 15 minutes once a week or only one hour every two months for those patients at lower
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