other material
confidence high
sentiment positive
materiality 0.70
NeurAxis reports over $8M in cumulative IB-Stim revenue through March 31, 2023
Neuraxis, INC
- Over $8M in revenue from IB-Stim since commercial launch after FDA clearance for pediatric functional abdominal pain and IBS.
- Approximately $2M of total revenue was generated in 2019 and 2020.
- Company is conducting clinical trials for four additional pediatric indications: chronic nausea, post-concussion syndrome, chemo-induced nausea, and cyclic vomiting.
- CEO Brian Carrico cites growing adoption, non-drug therapy trend, and recently completed IPO funding.