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NeuroControl Corp.

Functional electrostimulation devices.

One of NeuroControl Corp.'s founding scientists, P. Hunter Peckham, PhD of Case Western Reserve University, strongly believes in translating the fruits of research into clinical practice. So he actively sought a commercialization vehicle for his hand grasp restoration device and found it with backing from entrepreneurs and Cleveland boosters Invacare Corp. , Primus Venture Partners, and the Cleveland Clinic Foundation, which together provided $5 million in early funding. A second device licensed from the University College, London, helped to crystallize the company's mission as a developer of technologies to restore the functionality of everyday living to patients paralyzed by stroke or spinal cord injury.

NeuroControl's first product, the Freehand System, is near PMA approval. It is an implanted device that allows patients who have...

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