Sharp Brains: Brain Fitness and Cognitive Health News

Neuroplasticity, Brain Fitness and Cognitive Health News

Icon

Study: Physical exercise can enhance neuroplasticity in adult brains, accelerating neural repair

Group_stretching_exercisesPhys­i­cal activ­i­ty may leave the brain more open to change (EurekAlert)

Learn­ing, mem­o­ry, and brain repair depend on the abil­i­ty of our neu­rons to change with expe­ri­ence. Now, researchers report­ing in the Cell Press jour­nal Cur­rent Biol­o­gy on Decem­ber 7 have evi­dence from a small study in peo­ple that exer­cise may enhance this essen­tial plas­tic­i­ty of the adult brain. Read the rest of this entry »

NovaVision selling assets (neuroplasticity-based Visual Restoration Therapy)

We men­tioned in our recent mar­ket report that NovaV­i­sion had declared bank­rup­cy. The com­pa­ny tried to trans­form its busi­ness mod­el in the last cou­ple of years — obvi­ous­ly it didn’t work. Now the trustee is shar­ing a few more details and look­ing for ways to dis­pose of its assets:

NovaVision’s FDA-Cleared Visu­al Restora­tion Ther­a­py (VRT) Sys­tem and Com­pa­ny Assets Now Avail­able (press release)

The bank­rupt­cy trustee has engaged The Mag­num Group, Inc., to solic­it offers for NovaVision’s assets which include the NovaV­i­sion Visu­al Restora­tion Ther­a­py (VRT) sys­tem, a neu­ro­plac­tic­i­ty (sic) plat­form that has been cleared by the U.S. Food and Drug Admin­is­tra­tion (FDA) for the treat­ment of stroke, trau­mat­ic brain injury, ambly­opia (“lazy eye”) and optic nerve dam­age.

NovaV­i­sion has received a total invest­ment of $49,200,000 since its found­ing in 2003 and has gen­er­at­ed rev­enues of approx­i­mate­ly $1,000,000 each year for the past three years. The company’s non-inva­sive com­put­er-based neu­ro­plac­tic­i­ty (sic) prod­ucts have treat­ed more than 3,000 patients world­wide. NovaV­i­sion esti­mates the total mar­ket oppor­tu­ni­ty for its port­fo­lio of prod­ucts to exceed 300,000 units in U.S. optom­e­try, oph­thal­mol­o­gy, neu­rol­o­gy, and pri­ma­ry care prac­tices as well as reha­bil­i­ta­tion cen­ters.

About SharpBrains

As seen in The New York Times, The Wall Street Journal, BBC News, CNN, Reuters and more, SharpBrains is an independent market research firm tracking health and performance applications of brain science.

Follow us and Engage via…

twitter_logo_header
RSS Feed

Search for anything brain-related in our article archives

Enter Your Email to receive Sharp­Brains free, monthly eNewslet­ter:

Join more than 50,000 Sub­scribers and stay informed and engaged.