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NeurAxis Expands PENFS Coverage By 18 Million Lives As IB-Stim Adoption Grows; Stock Up

Source: Nasdaq

Healthcare & BiotechCompany Fundamentals

NeurAxis secured expanded national health-insurer coverage for its Percutaneous Electrical Nerve Field Stimulation (PENFS) therapy, extending potential access to approximately 18 million additional members. The coverage milestone could materially broaden the addressable reimbursed market for the company’s therapy and support future utilization growth.

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