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Cameron Associates Initiates Coverage of Brainsway, Ltd.
Date:12/12/2013

NEW YORK, Dec. 12, 2013 /PRNewswire/ -- Cameron Associates, Inc., a provider of investor relations services to public companies since 1976, today announced that it has initiated coverage of Brainsway Ltd. (TASE: BRIN), a medical technology company that leverages long-accepted transcranial magnetic stimulation (TMS) technology to pioneer a novel, non-invasive, cost effective and reimbursable therapy in an outpatient setting for a broad range of brain disorders.  An excerpt from the full 41 page Initiation Report follows below and is available to download at the Cameron Associates website at http://www.cameronassoc.com/client-research3.html

Non-invasive, Clinically Effective Deep TMS Therapy for Depression is But a Start

  • Brainsway makes a case for innovative, yet conservative, clinical and cost effective treatment, as its non-invasive deep Transcranial Magnetic Stimulation (TMS) technology stimulates up to 6cm-7cm below the surface, reaching regions in the brain known to affect depression – in addition to multiple other central nervous system disorders – without surgical intervention.  FDA cleared for depression, deep TMS cost to the US healthcare system is an average reimbursement of $200 per session
  • Positive risk/benefit leverage to large market opportunity. US major depression disorder market alone for the 10%-20% of patients that are non-or-poor responders to drug therapy is estimated at $3Bn–$6Bn per year. Brainsway's depression clinical data trumps those of competing surface TMS, with response rate of 38.4% vs. 22.1% and remission rate of 32.6% vs. 9%, respectively
  • Broad deep TMS treatment applications.  CE Mark approved indications include Major Depression Disorder, smoking cessation, chronic neuropathic pain, post traumatic stress disorder, Parkinson's Dise
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SOURCE Cameron Associates
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