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BWAY Shares Rise on Strategic Investment in Neurolief's At-Home Care
BrainswayBrainsway(US:BWAY) ZACKS·2025-08-23 02:30

Key Takeaways BrainsWay invested 5MinNeurolieftoentertheat−homementalhealthtreatmentmarket.Neurolief′sProlivRxtargetstreatment−resistantdepressionandawaitsFDAapproval.Thedealincludesfuturemilestone−basedfundingandacalloptionforfullacquisition.BrainsWayLtd.(BWAY)recentlytookastrategicsteptoexpanditsreachinthementalhealthmarketthrougha5M in Neurolief to enter the at-home mental health treatment market.Neurolief's Proliv Rx targets treatment-resistant depression and awaits FDA approval.The deal includes future milestone-based funding and a call option for full acquisition.BrainsWay Ltd. (BWAY) recently took a strategic step to expand its reach in the mental health market through a 5 million investment in Neurolief Ltd., a developer of wearable, non-invasive neuromodulation devices. The investment positio ...