NeuroMetrix (NASDAQ: NURO) shares are up 4% on news that the U.S. Patent and Trademark Office has issued U.S. Patent No. 9,675,801 covering claims for technology regarding Quell®, the company’s wearable pain relief device. The novel mechanisms that enable Quell® users to safely achieve pain relief therapy over extended periods of time are covered in the newly issued patent. Such claims include the technology to monitor the amount of time that Quell is worn both continually and in total, as well as technology that delivers notifications to the user to maximize safety. “Quell is unique in the fact that the technology is designed for 24/7 therapy. We know from the Quell Health Cloud data that most of our users wear Quell for a substantial portion of the day to help them manage their chronic pain. The technology in this patent helps us ensure that this usage is both safe and effective,” president and CEO Shai N. Gozani, M.D., Ph.D. stated in the news release.
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About NeuroMetrix
NeuroMetrix is a commercial stage, innovation driven healthcare company combining bioelectrical and digital medicine to address chronic health conditions including chronic pain, sleep disorders, and diabetes. The company’s lead product is Quell, an over-the-counter wearable therapeutic device for chronic pain. Quell is integrated into a digital health platform that helps patients optimize their therapy and decrease the impact of chronic pain on their quality of life. The company also markets DPNCheck®, a rapid point-of-care test for diabetic neuropathy, which is the most common long-term complication of Type 2 diabetes. The company maintains an active research effort and has several pipeline programs. The company is located in Waltham, Massachusetts and was founded as a spinoff from the Harvard-MIT Division of Health Sciences and Technology in 1996. For more information, please visit www.neurometrix.com.
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