Nexalin Technology (NXL) announced that the U.S. Food and Drug Administration has formally accepted its Q-Submission related to the Company’s Gen-2 Console system for the treatment of Alzheimer’s disease and dementia, with a regulatory meeting scheduled for later this year. This acceptance of the Company’s request for interaction with the FDA with respect to its Gen-2 SYNC system represents a significant step toward Nexalin’s goal of achieving FDA authorization to begin U.S. clinical studies targeting Alzheimer’s and dementia – two of the most urgent unmet needs in healthcare. The Q-Submission process enables structured dialogue with and feedback from the FDA to discuss proposed clinical trial design, study endpoints, and regulatory pathway for evaluating the Gen-2 SYNC system as a potential non-invasive therapy for these debilitating neurodegenerative conditions, as well as for mild to moderate cognitive impairment (MCI) associated with Alzheimer’s disease.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXL:
- Nexalin Technology announces regulatory approval to sell Gen 2 SYNC
- Nexalin announces three studies published on Gen-2 Nexalin DIFS technology
- Nexalin Technology Amends Equity Distribution Agreement
- Nexalin Technology appoints Robert Rothstein to Scientific Advisory Board
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
