Neuronetics
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Malvern’s Neuronetics Faces Sale Pressure From Top Shareholder
Neuronetics, based in Malvern, is under pressure from its largest shareholder, Jorey Chernett, who is calling for an immediate review of strategic options, writes John George for…
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Malvern’s Neuronetics Enters $90 Million Debt Deal to Improve Its Balance Sheet
Malvern-based Neuronetics recently entered into a $90 million debt deal with Perceptive Advisors, writes John George for the Philadelphia Business Journal. The medical technology company…
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Three Chester County Biopharmaceutical, Medtech Companies Net New Deals or Receive Approvals
Last week has been a productive one for Chester County biopharmaceutical and medical technology companies, writes John George for the Philadelphia Business Journal. Wayne-based Palvella…
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Malvern-Based Med Tech Company Good to Go for Wider Usage of Its OCD Treatment After FDA Clearance
Malvern-based Neuronetics received clearance from the FDA for the wider use of its NeuroStar treatment system, writes John George for the Philadelphia Business Journal. The…
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Malvern-Based Neuronetics Expects to Raise $75 Million in Stock Offering
Neuronetics, a Malvern-based medical device developer, is expecting to raise $75 million from its public stock offering, writes John George for the Philadelphia Business Journal.…
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Specialists Who Use Malvern Company’s Technology to Treat Depression Expand in Philadelphia Market
Success TMS, a Florida-based provider of mental health care that uses technology made by Malvern’s Neuronetics to treat depression, is continuing its Philadelphia market expansion,…
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Malvern-Based Neuronetics Sees Stock Surge After Appointing New CEO
Malvern-based Neuronetics has seen its shares surge following the appointment of Keith J. Sullivan as the medical device company’s new president and CEO, writes Ryan…
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Business Manager at Malvern’s Neuronetics Spends Free Time Running Lacrosse Club in New England
Adam Rand, a business development manager for Malvern-based Neuronetics, spends his free time running a successful lacrosse club, Shoreline Lacrosse, writes Vickie Fulkerson for The…
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Malvern-Based Neuronetics Repaying PPP Loan Due to Eligibility Concerns of Public Companies
Malvern-based Neuronetics has decided to immediately repay the $6.4 million Paycheck Protection Program loan it received through Silicon Valley Bank due to questions concerning the…
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Malvern-Based Neuronetics Turns to Layoffs, Furloughs in Response to Pandemic
In response to the COVID-19 pandemic, Malvern-based Neuronetics is implementing a restructuring that includes the layoffs and furloughs of some of its employees, writes John…
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Chester County Briefly: October 31
Habitat for Humanity of Chester County The Coatesville-based nonprofit with a mission to build affordable housing for low-income residents recently broke ground on its 150th…
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Chester County Briefly: June 12
Five students have been chosen to receive college scholarships from Benchmark Federal Credit Union, which awards $15,000 annually to local students. Three of the students…
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Chester County Daily News Business Briefs
Chester County Daily News Business Briefs are short summaries and links to important Chester County’s business stories not included in VISTA Today’s daily news stream.…
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Intact Vascular, Two Other Chesco Firms Shuffle CEOs
Three Chester County medical device firm leaders have recently engaged in a game of musical chairs, swapping CEOs locally. The long-time CEO of Malvern’s Neuronetics,…
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