BrainsWay (BWAY) announced that the U.S. National Institutes of Health, NIH, has awarded a new grant – totaling approximately $2.5 million over five years – to a research team led by Principal Investigator Dr. Claudia Padula and Co-Investigator Dr. Michelle Madore of Stanford University and the Palo Alto Veterans Institute for Research. The funding will support a clinical study evaluating the mechanism of action and potential efficacy of an accelerated Deep Transcranial Magnetic Stimulation protocol using BrainsWay’s device to treat Alcohol Use Disorder, AUD.
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