About Nervomartrix
As the developer of Auto-Targeting Neurostimulation (ATN)
- a breakthrough solution for pain relief - Nervomatrix aims to become a
key provider of non-invasive drug-free pain relief products designed for
the pain clinicians' market.
An estimated $80 billion is spent annually in the United
States due to back pain, and with lower back pain being the #1 cause for
activity limitation in people under 45, as well as vast number of missed
working days , there is a strong and growing demand for a drug free pain
relief solution.
Founded by Miguel Gorenberg, M.D., Nervomatrix is funded
by the Chief Scientist of the State of Israel and Startvest (2006) Limited
Partnership, the investing partners of Targetech Innovation Center
Incubator.
Stratvest is owned by two investing partners: ASG Finance
Corp, a Canadian investment services firm with over $275M in assets
managed, and Greater Akron Investing Partners (GAIP), a group of investors
from the city and business community of Akron, Ohio. These include over 20
individual and institutional investors from the area, which due to
institutional infrastructure such as the Cleveland Clinic, Summa
Enterprises, Bioenterprises, Akron General and Children’s Hospitals, is
well known for its expertise in Life Sciences.