According to the Centers for Disease Control, Every Year 1.4 million People Suffer From a Traumatic Brain Injury in the United States
HENDERSON, NV / ACCESSWIRE / June 19, 2018 / ENDV officially announced the enrollment of their first patient in a clinical study at the University of New Mexico Health Sciences Center that will evaluate the effects of Pulsed Electromagnetic Fields (PEMF) on reducing brain injury, blood-brain-barrier and inflammation biomarkers in the cerebrospinal fluid and blood in patients with brain injury who are or have been fitted to an external ventricular drain. Funding for the study has been secured via the Company's senior secured Series C Preferred Stock financing.
With the recent advancement of companies who specialize in brain injuries and trauma advancing at a tremendous rate there is plenty of reason for optimism. There is the potential these treatments may offer a remedy to athletes in high impact sports like boxing, UFC, and the NFL.
These biotech companies are on the rise and should be on everyone's radar: Endonovo Therapeutics, Inc. (ENDV), Eleven Biotherapeutics, Inc (NASDAQ: EBIO)
Endonovo Therapeutics, Inc. (ENDV)
Market Cap: $13.18M, current share price: $0.04
Endonovo Therapeutics (ENDV) is a commercial-stage developer of non-invasive medical devices designed to deliver its proprietary Electroceutical™ Therapy for the treatment of inflammatory conditions, cardiovascular diseases and central nervous system disorders. Endonovo's Electroceutical™ Therapy is FDA-Cleared for the palliative treatment of pain and post-surgical edema (swelling) and CE Marked for the promotion of wound healing and the palliative treatment of pain and post-surgical edema. Endonovo's Electroceutical™ Therapy has CMS National Coverage for the treatment of chronic wounds. The Company's current pipeline of clinical-stage Electroceutical™ Therapies targets cardiovascular diseases and central nervous system disorders, including ischemic heart disease, acute concussions, post-concussion syndrome, traumatic brain injury (TBI) and multiple sclerosis.
Eleven Biotherapeutics, Inc (NASDAQ: EBIO)
Market Cap: $157.22M, current share price: $3.29
Eleven Biotherapeutics, Inc., a biologic oncology company, focuses on the design and development of targeted protein therapeutics (TPTs). It develops products based on its proprietary TPT platform and focused on addressing areas of unmet medical needs in cancer. The company's lead product candidates include Vicinium that is in Phase 3 clinical trial in the United States and Canada for the treatment of non-muscle invasive bladder cancer; and Proxinium for use in treating squamous cell carcinoma of the head and neck. It is also developing systemically-administered TPTs, including VB6-845d for the treatment of multiple types of epithelial cell adhesion molecule positive solid tumors. Eleven Biotherapeutics, Inc. has a cooperative research and development agreement with the National Cancer Institute on the development of the company's targeted therapeutic, Vicinium in combination with AstraZeneca's immune checkpoint inhibitor, ImfinziTM (durvalumab), for the treatment of non-muscle invasive bladder cancer.
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