The electrode leads used for deep brain stimulation to treat such conditions as Parkinson’s disease, depression and essential tremors have become a lot smarter, thanks to technology developed by Switzerland’s Aleva Neurotherapeutics SA. The company’s microDBS platform is an evolution of micro-electro-mechanical systems that allows for precise stimulation of targeted brain tissue, leaving the adjacent region unaffected.
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CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.
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Fresh from having sold Anthos to Novartis, the new CEO is expected to update the oncology and dermatology-focused firm's strategy.
