- The FDA has cleared BrainsWay Ltd’s (NASDAQ:BWAY) Deep Transcranial Magnetic Stimulation (Deep TMS) System to reduce comorbid anxiety symptoms in adult patients with depression, also known as anxious depression.
- BrainsWay submitted data from 573 patients in support of its application to the FDA.
- The data demonstrated a treatment effect that was consistent, robust, and clinically meaningful for decreasing anxiety symptoms in adult patients suffering from a major depressive disorder.
- An analysis of the BrainsWay data found favorable outcomes with Deep TMS compared to sham or medication as a standard of care.
- Related content: Benzinga’s Full FDA Calendar.
- Price Action: BWAY Stock is up 18.4% at $9.00 during the premarket session on the last check Wednesday.
Here’s How Much You Would Have Made Owning Wynn Resorts Stock In The Last 20 Years
Wynn Resorts (NASDAQ:WYNN) has outperformed the market over the past 20 years by 1.6% on an annualized basis producing an average annual return of 9.08%. Currently, Wynn Resorts has a market capitalization of $8.42 billion.
