Shares of ReWalk Robotics (NASDAQ: RWLK) are up 15% this morning after the company’s Restore™ System was utilized in a study published in the Journal of Science Translational Medicine. The study found that use of a soft suit exoskeleton system enabled normal walking ability for ambulatory patients following a stroke. The prototype utilized in the study was created by the Wyss Institute and is now moving toward commercialization by ReWalk Robotics. “The ongoing research at the Wyss Institute on soft exosuits adds a new dimension to exoskeletons that can potentially meet the needs of individuals that have had a stroke, as well as for those diagnosed with Multiple Sclerosis, Parkinson’s disease or people who have limitations in walking. The Restore is a unique lightweight design that can assist and constantly adjust in real time to the user’s needs on every step they take,” ReWalk CEO Larry Jasinski stated in the news release.
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About ReWalk Robotics Ltd.
ReWalk Robotics Ltd. develops, manufactures and markets wearable robotic exoskeletons for individuals with spinal cord injury. The company’s mission is to fundamentally change the quality of life for individuals with lower limb disability through the creation and development of market leading robotic technologies. Founded in 2001, ReWalk has headquarters in the U.S., Israel and Germany. For more information on the ReWalk systems, please visit www.rewalk.com
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