Neuronetics Inc.

Neuronetics Inc. has developed a device for treating serious depression in pharmaco-resistant patients. The company believes that its repetitive Transcranial Magnetic Stimulation technology, delivered noninvasively in an outpatient setting, is free of the serious side effects that accompany antidepressant drugs; moreover that it will be more effective and much safer for patients than the only currently approved neuromodulation technology for depression: electroconvulsive therapy.