U.S. Army and Helius Medical Technologies Announce Launch of Phase 3 Traumatic Brain Injury Clinical Trial

Press Releases |

NEWTOWN, Pa.--Helius Medical Technologies (HSM:CNX) (HSDT) (“Helius”, or the “Company”) and the U.S. Army Medical Research and Materiel Command (“USAMRMC”) announce the launch of a Phase 3 clinical trial to investigate the safety and effectiveness of the Portable Neuromodulation Stimulator (“PoNS™”) 4.0 device, a non-invasive brain stimulation device that is being developed for the treatment of balance disorder in patients with mild-to-moderate Traumatic Brain Injury (“mTBI”). The trial is intended to serve as the basis for seeking Canadian and U.S. marketing approvals of the PoNS™. The PoNS™ is an investigational medical device that is designed to induce neuromodulation by stimulating the cranial nerves found in the tongue.

“We are excited to begin the clinical trials for the PoNS™ device as a potential treatment for symptoms of TBI in our Wounded Warriors”

The trial, a double-blind, randomized, sham-controlled study of the safety and effectiveness of the PoNS™ device for cranial nerve noninvasive neuromodulation (“CN-NINM”) training in subjects with a chronic balance deficit due to mTBI, is a seven-month study being conducted at three sites: the Montreal Neurofeedback Center; the Oregon Health & Science University Center for Regenerative Medicine; and the Orlando Regional Medical Center. A total of 120 subjects will participate in the study. The primary endpoint at five weeks is improvement in chronic balance deficit as analyzed by the Sensory Organization Test (“SOT”). The purpose of this study is to demonstrate that cranial nerve non invasive neuromodulation (“CN-NINM”), which combines the PoNS™ device with a unique physiotherapy regiment, may provide new rehabilitative opportunities for patients suffering from chronic symptoms.

“Together with our partners at the USAMRMC, we are very pleased to announce the launch of our pivotal Phase 3 mTBI trial today,” said Helius’ CEO, Philippe Deschamps. “Traumatic Brain Injury (“TBI”) remains a serious public health problem both for the military and civilian populations for which there have been almost no new developments in treatment since the introduction of physical therapy several decades ago. There is also a large population of TBI patients who develop chronic symptoms, for which traditional physical therapy has proven ineffective.”

"We are excited to begin the clinical trials for the PoNS™ device as a potential treatment for symptoms of TBI in our Wounded Warriors," said Dr. Kenneth Bertram, Principal Assistant for Acquisition, USAMRMC. "We are committed to the laboratory and clinical research needed to improve the treatment of brain injury."

The first site to begin recruitment and screening will be the Montreal Neurofeedback Center.

“TBI has always been an issue of high unmet need in Canada and in the United States, and we are proud and excited for the opportunity to lead the clinical development of this breakthrough technology,” said Dr. Alain Ptito, Neuropsychologist and Principal Investigator of the study.

To learn more about the study, please visit http://heliusmedical.com/our-research/clinical-trials

About the PoNS™

The Portable Neuromodulation Stimulator (PoNS™) device is an investigational medical device being studied for the treatment of neurological symptoms caused by disease or trauma. The PoNS is currently being studied in the United States and Canada for the treatment of balance disorder for subjects with mild to moderate Traumatic Brain Injury (mTBI), and in Canada for the treatment of gait and balance disorder for subjects with Multiple Sclerosis (MS).

The PoNS device is a non-invasive means for delivering neurostimulation through the tongue. Researchers believe that use of the tongue as a gateway to the brain may be one of the most natural, non-invasive and direct ways to stimulate the brain. The tongue is anatomically unique, being richly innervated by thousands of nerve fibers and interconnected to the brainstem by two major cranial nerves.

About TBI

Approximately 5.3 million Americans are living with a TBI-related disability, with an annual total cost in 2010 estimated at $76.5 billion, including $11.5 billion in direct medical costs and $64.8 billion in indirect costs including lost wages, lost productivity, and nonmedical expenditures. There are 1.7 million new TBI cases per year in the US; 20-30 percent of which will have chronic disability associated with them.

The Department of Defense reports approximately 200,000 cases of TBI in troops between 2000 and June 2010.

According to the Brain Injury Society of Toronto, including concussions, 587,025 Canadians acquire a brain injury each year. The annual incidence of TBI in Canada is greater than that of Multiple Sclerosis, Spinal Cord Injury, HIV/AIDS and Breast Cancer combined.

About Helius Medical Technologies (HMT)

Helius Medical Technologies is a medical technology company focused on neurological wellness. HMT seeks to use unique and non-invasive platform technologies that amplify the brain’s ability to heal itself. HMT intends to file for U.S. Food and Drug Administration clearance for the PoNS™ device. For more information, please visit www.heliusmedical.com.

About the Montreal Neurofeedback Center

The Montreal Neurofeedback Center is a private, multi-disciplinary center offering Neurofeedback and Biofeedback training to reduce or eliminate everyday symptoms of stress, as well as brain based and functional disorders.

About Oregon Health & Science University Center for Regenerative Medicine

The Center for Regenerative Medicine at OHSU was created on January 1st, 2012 and is directed by Dr. Kenton Gregory. They are dedicated to the translation of regenerative therapies from the bench to the clinic and battlefield. Their research is focused on developing novel biomaterials for the replacement of damaged tissues, perfecting cell-based therapies to regenerate a variety of damaged organs, and engineering enhancements to medical devices such as vascular stents. More information can be found at http://www.ohsu.edu.

About Orlando Regional Medical Center

Orlando Regional Medical Center (ORMC), is a 808-bed tertiary hospital in downtown Orlando, Florida and is the flagship medical center of Orlando Health. ORMC provides a wide range of medical services to treat memory disorder, epilepsy and is home to specialty centers, including the Orlando Health Rehabilitation Institute (OHRI), which includes the Brain Injury Rehabilitation Program (BIRC) and outpatient surgery services.

Cautionary Disclaimer Statement:

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

This news release contains forward-looking statements relating to the completion of multiple milestones leading into production of the PoNSTM device and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the Canadian Securities Exchange and other risks detailed from time to time in the filings made by the Company with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

 

Contacts

Helius Medical Technologies
Corporate:
Phil Deschamps, 614-596-2597
pdeschamps@heliusmedical.com
or
Investor Relations:
778-588-7144
info@heliusmedical.com
or
Media:
Becky Kern, 914-772-2310
media@heliusmedical.com

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Inception Mining Inc

Inception Mining Inc a mining exploration stage company engaged in the acquisition, exploration, and development of mineral properties, for gold from owned mining properties.

Private Markets

Cross Campus

With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US.…

Uber

Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…