January 23, 2017 4:05 PM ET

Healthcare Equipment and Supplies

Company Overview of Bioness Inc.

Company Overview

Bioness Inc. designs, develops, and distributes medical devices for people with stroke, multiple sclerosis, traumatic brain injury, cerebral palsy, and spinal cord injury. It offers L300, a foot drop system for people with various neurological conditions; L300 Plus for foot drop and thigh weakness, which delivers programmed, low-level electrical stimulation to activate the nerves controlling the muscles of the leg; H200, a wireless hand rehabilitation system for reaching, grasping, opening, and closing the hand; and StimRouter, an implantable neuromodulation device designed to treat intractable pain of peripheral nerve origin. The company also offers StimRouter, an implantable neuromodulatio...

25103 Rye Canyon Loop

Valencia, CA 91355

United States

Founded in 2004

Phone:

661-362-4850

Fax:

877-362-4855

Key Executives for Bioness Inc.

Chief Executive Officer and President
Chief Medical Officer
Compensation as of Fiscal Year 2016.

Bioness Inc. Key Developments

Bioness, Inc. Welcomes Eric Grigsby as Chief Medical Officer

Bioness Inc. announced that Eric Grigsby MD, MBA has joined its leadership team as Chief Medical Officer. This new role will complement his position as Chief Medical Officer at the Alfred Mann Foundation. With more than 25 years of experience, Dr. Grigsby has been helping patients regain their quality of life through accurate diagnosis and successful treatment programs. He founded the Napa Pain Institute in 1992. Dr. Grigsby is the former President and Chief Executive Officer of Neurovations.

Bioness Inc. Announces Second Generation Release of the Bioness Integrated Therapy System (BITS®)

Bioness Inc. announced the second generation release of the Bioness Integrated Therapy System (BITS®). BITS 2.0 is designed to address the changing dynamics of the rehabilitation market by improving clinician efficiency with automated progress reports, therapy programs and standardized outcome measures. The new BITS Reports Module calculates key performance metrics and makes generating insightful progress reports easier than ever before. An expanded range of multi-disciplinary programs ensures high clinical utility for Occupational Therapy, Physical Therapy, Speech Language Pathology as well as Athletic Training. Additionally, BITS makes it easy to establish a level of therapeutic challenge that is 'just right' for each individual, making it appropriate for a broad range of clients who present with unique clinical presentations. Bioness has been the industry leader supporting the efforts of skilled acute and outpatient practices for more than a decade. As a sign of that leadership position, all existing customers who acquired the first generation of BITS will be upgraded complimentary to the new platform.

Bioness Inc. Announces the Launch of Three New Innovations at the 2016 American Physical Therapy Association Combined Sections Meeting

Bioness Inc. announced the launch of three strategic innovations at the American Physical Therapy Association (APTA)'s Combined Sections Meeting (CSM) to help clinical practices provide improved care for patients. StimRouter™ Neuromodulation System: The company is introducing a minimally invasive, implantable, surgical device designed to address chronic peripheral nerve pain. With an estimated 100 million people suffering from chronic pain, contributing more than $280 billion in annual costs to the U.S. healthcare system, there's never been a greater need for innovative pain management options. Specific to rehabilitation, shoulder pain is a common disability resulting from a central nervous system trauma (e.g. stroke). This pain traditionally originates at the axillary nerve, a peripheral nerve in the upper arm, and has been reported to occur in up to 85% of stroke survivors. StimRouter is designed to target pain at the point of origin, minimize long-term healthcare costs and may provide pain relief when other treatments such as medications and injections have limited effect. Bioness Integrated Therapy System (BITS®) Version 2: The second release of BITS software is designed to address the changing dynamics of the rehabilitation by market improving clinician efficiency with automated progress reports, personalized therapy programs and standardized outcome measures. The new BITS Reports Module calculates key performance metrics and makes generating quality, value-added reports easier than ever before. An expanded range of multi-disciplinary programs ensures high clinical utility for Occupational Therapy, Physical Therapy, Speech Language Pathology and Sports Training. Additionally, BITS makes it easy to establish a level of therapeutic challenge that is 'just right' for each individual, making it appropriate for a broad range of clients with unique needs and clinical presentations. Vector Gait and Safety System: Vector offer a 500lb patient weight capacity. In 2013, Vector was the first system to offer 400lb capacity and now becomes the first to offer 500lb capacity, a 25% increase, thus improving access to those most in need and adding a level of protection to the healthcare professional tasked with treating them. Vector also announced the launch of the Outcome Measures Module that enables clinicians to run, record and document standardized tests to measure patient outcomes within the Vector software interface. The Timed Up and Go (TUG), 10 Meter Walk test, 5 Meter Walk test, 6 Minute Walk test, and 2 Minute Walk test are all included.

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