New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Feinstein Institutes back startup that uses AI to aid paralysis patients

New York Tech Editorial Team by New York Tech Editorial Team
October 20, 2021
in Startups & Leaders
0
Feinstein Institutes back startup that uses AI to aid paralysis patients
Share on FacebookShare on Twitter

The Feinstein Institutes for Medical Research has spun out a startup whose artificial-intelligence device could help paralyzed patients regain the use of their hands.

Earlier this month, the startup, Neuvotion Inc., announced a $1.1 million funding round from the Long Island Angel Network and the Good Shepherd Rehabilitation Network based in Allentown, Pennsylvania.

Feinstein Institutes lab

The Darien, Connecticut, startup is in the process of transferring research developed in the laboratory of Chad Bouton, vice president of advanced engineering at the Feinstein Institutes, a unit of Northwell Health. Bouton also is founder of Neuvotion.

Plans call for clinical trials and commercial launch
Plans call for clinical trials and commercial launch as early as the end of 2022. Credit: The Feinstein Institutes/Lee S. Weissman


The company’s initial device, NeuStim, is worn as a patch on the patient’s forearm and is being positioned for use in clinics and at home.

The wireless device uses sensors to read the body language of the patient and translate “those invisible patterns” to provide electrical stimulation to the appropriate muscles and nerves, Bouton said.

The latest LI business news in your inbox Monday through Friday.

By clicking Sign up, you agree to our privacy policy.

That is possible because the muscles of the shoulders are operative for many stroke or spinal-cord injury patients, while their hands remain impaired.

“You can’t feed yourself, or button your shirt,” Bouton said. “It’s extremely frustrating.”

Commercial launch planned

Bouton said that several patents have been filed, but cautioned that development is at its “early stages.” Plans call for clinical trials and commercial launch as early as the end of 2022.

Travis Millman, Neuvotion’s chief operating officer, said that the company has begun the process of selecting a manufacturing partner and plans to market the NeuStim “at a disruptive price point” for use in clinics and at home.

Millman said that he expects that the device would be covered by health insurance and the NeuStim technology could be extended to applications beyond the initial product.

A ‘platform’ for development

“We view NeuStim more as a platform than as a point product for use with just a single condition,” he said in an email.

Plans call for the device to undergo clinical trials at several sites, including Good Shepherd, which has several facilities.

“We feel strongly that this technology can help transform lives for people with spinal cord injuries, strokes and other neurological conditions,” Michael Spigel, president and chief executive of Good Shepherd, said in a statement.

The NeuStim device has an array of electrodes and lights that show where stimulation is occurring.

Bouton said laboratory users ruled out stimulation devices that use voice recognition because they didn’t want to draw attention to themselves and difficulties in using it in a noisy environment.

As with other electronic devices, the stimulation device can be recharged.

During device development in his laboratory, patients would ask if they could get access to the technology at home, Bouton said.

“Now we’re finally able to say, ‘Yes, there’s a company working on that.'”

Headshot of Newsday employee Ken Schachter on June

Ken Schachter covers corporate news, including technology and aerospace, and other business topics for Newsday. He has also worked at The Miami Herald and The Jerusalem Post.

Credit: Source link

Previous Post

Resistant AI scores $16.6M for its anti-fraud fintech tools – TechCrunch

Next Post

The Wall Street Technology Association (WSTA) to Hold Virtual Seminar and Panel Discussion on “Digital Engagement” for Financial Technology and Business Professionals

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
How FinTech Innovation and VC Warchests Fuel Markets

The Wall Street Technology Association (WSTA) to Hold Virtual Seminar and Panel Discussion on "Digital Engagement" for Financial Technology and Business Professionals

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026
Employee Time Tracking

What is an Employee Time Tracking Solution? A Definite Guide for 2026

March 31, 2026
Voltify founders

Voltify Raises $30 Million Seed Round as It Challenges $1 Trillion Rail Electrification Model

March 31, 2026

Recommended

laptop on glass table

Automat-it Cuts Deployment Friction as Monce Scales AI Order Processing on AWS

April 13, 2026
Lee's Famous Recipe Chicken

Why Lee’s Famous Recipe Chicken Is Betting on Hi Auto to Quietly Rewire the Drive-Thru

April 9, 2026
computer generated image of letters

San Francisco Tribune Lists 11 HumanX Startups Moving AI Closer to the Operating Core

April 8, 2026
Impala CEO and Highrise AI CEO

The Industrialization of AI Infrastructure: What Impala and Highrise AI Reveal About the Next Scaling Frontier

April 7, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit Israel israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media