Malvern-Based Med-Tech Company Expands Into North Carolina With Secondary Office

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NeuroStar system
Image via NeuroStar.

Malvern-based NeuroStar, a medical technology company, has expanded to Charlotte, where it has opened a secondary office and training facility, writes Elise Franco for the Philadelphia Business Journal

The company has leased 10,000 square feet on the seventh floor of 200 South College in uptown Charlotte. 

“We chose Charlotte for a couple reasons; first because of its proximity to the airport,” said NeuroStar CEO Keith Sullivan. “We also wanted to be in an area that’s surrounded by hotels and restaurants, and 200 College Street is exactly that.” 

NeuroStar developed a noninvasive device specifically designed to send magnetic pulses through the skull and relieve symptoms of depression. The device, which was approved by the FDA in 2008, has a 62 percent efficacy rate. 

The Charlotte space is primarily being used as a training center for physicians and staff to learn how to effectively use the technology and how to best educate patients on the treatment benefits. 

Read more about NeuroStar in the Philadelphia Business Journal

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