Onsdag 7 Maj | 06:17:31 Europe / Stockholm

Kalender

Est. tid*
2025-08-15 08:00 Kvartalsrapport 2025-Q2
2025-03-28 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2025-03-27 - Årsstämma
2025-02-27 - Bokslutskommuniké 2024
2024-08-16 - Kvartalsrapport 2024-Q2
2024-04-02 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2024-03-28 - Årsstämma
2024-02-27 - Bokslutskommuniké 2023
2023-08-18 - Kvartalsrapport 2023-Q2
2023-05-05 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2023-03-31 - Årsstämma
2023-02-27 - Bokslutskommuniké 2022
2022-08-12 - Kvartalsrapport 2022-Q2
2022-05-09 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2022-03-31 - Årsstämma
2022-02-28 - Bokslutskommuniké 2021
2021-08-13 - Kvartalsrapport 2021-Q2
2021-05-17 - Split NXTMS 100:1
2021-04-30 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2021-04-29 - Årsstämma
2021-03-01 - Extra Bolagsstämma 2021
2021-02-26 - Bokslutskommuniké 2020
2020-08-14 - Kvartalsrapport 2020-Q2
2020-04-01 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2020-02-28 - Bokslutskommuniké 2019
2019-11-11 - Extra Bolagsstämma 2019
2019-08-16 - Kvartalsrapport 2019-Q2
2019-03-28 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2019-03-25 - Årsstämma
2019-03-04 - Bokslutskommuniké 2018
2018-11-26 - Split NXTMS 30:1
2018-11-21 - Extra Bolagsstämma 2018
2018-08-16 - Kvartalsrapport 2018-Q2
2018-03-29 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2018-03-28 - Årsstämma
2018-02-28 - Bokslutskommuniké 2017
2017-08-16 - Kvartalsrapport 2017-Q2
2017-03-29 - X-dag ordinarie utdelning NXTMS 0.00 SEK
2017-03-28 - Årsstämma
2017-02-28 - Bokslutskommuniké 2016
2017-02-17 - Extra Bolagsstämma 2017
2016-08-17 - Kvartalsrapport 2016-Q2
2016-03-31 - Årsstämma
2016-02-29 - Bokslutskommuniké 2015
2015-12-22 - Extra Bolagsstämma 2015
2015-08-20 - Kvartalsrapport 2015-Q2
2015-03-31 - Årsstämma
2015-02-26 - Bokslutskommuniké 2014

Beskrivning

LandFinland
ListaFirst North Finland
SektorHälsovård
IndustriMedicinteknik
Nexstim är verksamt inom medicinteknik. Bolaget har utvecklat en icke-invasiv teknik för hjärnstimulering som kallas SmartFocus®. Det är en navigerad magnetisk stimuleringsteknik (nTMS) med 3D-navigering som ger inriktning av TMS till det specifika området av hjärnan. Tekniken är avsedd för behandling av svår depression och kronisk neuropatisk smärta. Bolaget grundades år 2000 och har sitt huvudkontor i Helsingfors.
2025-05-05 08:00:00

Press release, Helsinki, 5 May 2025, at 9 AM (EEST)

Nexstim Plc Business Update Q1 2025

Nexstim Plc (NXTMH:HEX) (”Nexstim” or ”Company”) announces the key highlights of the Company’s business operations during Q1 2025.

CEO Mikko Karvinen’s Business Update

During the first months of 2025, we have focused on starting the execution of our 2025-2028 strategy and on making progress in reaching our key strategic objectives. We published information on the plans for the new strategy period as part of the 2024 financial results release. In line with our strategy, Nexstim will continue to enable patients to receive personalized and effective treatment and diagnostics for severe brain diseases and disorders.

In line with our main strategic objective, we have continued to focus on profitable net sales growth during the first quarter of 2025. The sales of new systems at the beginning of this year have been slow, which is typical considering that hospitals' budgets focus on purchases towards the end of the year. Between January and March 2025, we delivered a total of 2 new diagnostics systems. Both these systems also include add-on therapy software. In addition to the delivered systems, we had an open order backlog of 5 undelivered systems at the end of Q1 2025.

In the Diagnostics Business, more than 245 NBS systems have been sold to research universities and leading hospitals across the world to date. In the Therapy Business, at the end of Q1 2025 there were a total of 109 Nexstim systems with therapy capabilities installed worldwide (41 in the U.S. and 68 in Europe and the rest of the world) for the treatment of depression and chronic neuropathic pain. This number includes both NBT® and NBS 6 systems, and NBS systems with optional therapy add-on software installed.

Our second key strategic objective for 2025 is to successfully support the long-term collaboration between Nexstim and Brainlab AG (“Brainlab”) and expand the network of other partners and clinics, primarily in the US. The Brainlab collaboration refers to the development and distribution agreement and equity investment in Nexstim as announced in late November 2024. During the first quarter of the year, we have made progress in this strategic objective: Brainlab management team members visited the Nexstim office in Helsinki in January, with the agenda of getting to know our team and our system on a practical level. In March it was our turn to visit Brainlab in Munich, getting to know Brainlab’s extensive offering in the field of neurosurgery and learning from each other on how we can best advance the distribution of Nexstim products through Brainlab’s global network. Based on the visits it is apparent that the teams and corporate cultures support our goals well. We have in addition attended two neurosurgery events as partners: the ELGGN in Bern, Switzerland, as well as the AANS in Boston, United States. Both events mentioned already showed increased demand for Nexstim motor and speech mapping especially among existing Brainlab users.

Another partnership that we have taken steps forward with during the winter and the spring is the planned collaboration with Sinaptica Therapeutics, Inc. (“Sinaptica”). The plans for the collaboration in the treatment of Alzheimer’s disease were announced in June 2024. In January 2025, we announced that the co-development of the SinaptiStim® neuromodulation system is underway, and in April we had the pleasure of hosting the Sinaptica team at our Helsinki headquarters for hands-on validation testing of the first prototype system for use in Sinaptica’s next clinical trial. In addition to the validation of the system, the visit offered the valuable opportunity for our international teams to share experiences of the unique technology as well as get to know the newest research in the area. Following the positive feedback received during the visit, Sinaptica agreed to acquire multiple systems for use in a multicenter Alzheimer’s trial starting now. The parties continue to negotiate definitive agreements for a long-term 10-year collaboration, now seeking ways to bring the agreement into force in stages.

Advancing our third strategic objective for 2025, we have continued the development process of the NBS 6 diagnostics system, with the goal of releasing the system to main markets this year. We have now moved on to the last phases of the product development process as planned before preparations to get regulatory approvals to the relevant markets. The NBS 6 is a new combination system built on Nexstim's unique, clinically established technology, with a modular system concept that makes it easy to add new features to existing systems. The new solution creates long-term value for Nexstim's customers and investors alike. Nexstim's NBS 6 system has FDA marketing and distribution clearance for the treatment of major depressive disorder in the US and is CE-approved in Europe for use in the treatment of major depression and chronic neuropathic pain.

We continue our work towards advancing operative business as well as towards reaching our strategic goals. The personalized and effective treatment of patients in severe brain diseases and disorders continues to be valuable also in the changed global political environment. At this time, we do not consider the increased tariffs to be a significant threat or something that would slow our business down extensively. We have already considered the new circumstances in our new offers and follow the situation actively, reacting with new actions if necessary. Despite the uncertain global situation, our expectations for profitable growth remain positive for the rest of 2025.

Further information is available on the website www.nexstim.com or by contacting:

Mikko Karvinen, CEO

+358 50 326 4101

mikko.karvinen@nexstim.com

About Nexstim Plc

Nexstim is a Finnish, globally operating growth-oriented medical technology company. Our mission is to enable personalized and effective diagnostics and therapies for challenging brain diseases and disorders.

Nexstim has developed a world-leading non-invasive brain stimulation technology for navigated transcranial magnetic stimulation (nTMS) with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain.

Nexstim’s Diagnostics Business focuses on commercialization of the Navigated Brain Stimulation (NBS) system. The NBS System 5 is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain.

Nexstim’s Therapy Business markets and sells the NBS System 6 which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBS 6 system is CE marked for the treatment of major depression and chronic neuropathic pain.

Nexstim shares are listed on Nasdaq First North Growth Market Finland.

For more information, please visit www.nexstim.com