Wearable Devices (WLDS) has received a grant approval from the Israel Innovation Authority for a total budget of $750K to finance a clinical pilot program in partnership with Soroka University Medical Center. The pilot program will seek to validate the company’s Mudra Link neural wristband as a rehabilitation tool for patients suffering from impaired grip-force control following motor-cortex brain injuries. The system provides real-time, objective biofeedback to train modulation, anticipation, and correction of grip force.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WLDS:
- Wearable Devices Ltd. Secures $5.68 Million Through Warrant Inducement
- Wearable Devices announces warrant inducement transaction for $5.68M
- Wearable Devices kicks off technical roadshow in China
- Wearable Devices unveils EMG-based weight estimation technology
- Wearable Devices enters exclusive distribution agreement with Sky Commerce