Myomo Inc (MYO) Sector
Health Care

(Current) $6.28
0.79 (14.39%) Open Price: 5.35

 

Myomo Inc. is a pioneering medical robotics company that specializes in developing powered orthotic devices designed to restore mobility to individuals with neuromuscular disorders and upper limb paralysis. Founded in 2004 as a spinoff from the Massachusetts Institute of Technology (MIT), Myomo stands for "My Own Motion." The company has made significant strides in the medical field by creating innovative products that enhance the quality of life for people with disabilities. Headquartered in Boston, Massachusetts, Myomo has become a leader in the orthotics industry, focusing on advanced rehabilitation technologies.

 

The flagship product of Myomo Inc. is the MyoPro orthosis, a lightweight and portable device that assists individuals with impaired arm and hand function due to conditions such as stroke, brachial plexus injury, multiple sclerosis, cerebral palsy, and spinal cord injuries. The MyoPro device utilizes myoelectric sensors to detect the user’s existing muscle signals, even if extremely weak, and then amplifies these signals to enable movement of the arm and hand. This technology allows users to perform everyday tasks such as eating, drinking, and dressing independently, significantly improving their autonomy and quality of life.

 

Myomo’s approach to rehabilitation and assistive technology is rooted in its commitment to research and development. The company collaborates with leading medical institutions, rehabilitation centers, and research organizations to continuously refine and enhance its products. By incorporating user feedback and the latest advancements in biomedical engineering, Myomo ensures that its orthotic devices meet the evolving needs of patients and healthcare providers. This dedication to innovation has positioned Myomo at the forefront of the assistive technology industry.

 

In addition to its cutting-edge products, Myomo places a strong emphasis on patient education and support. The company provides comprehensive training and resources to both users and clinicians to maximize the benefits of its devices. Through a network of certified orthotists and rehabilitation specialists, Myomo ensures that patients receive personalized fitting and ongoing support, which are crucial for successful outcomes. By fostering a community of users and professionals, Myomo helps individuals achieve their rehabilitation goals and regain a greater degree of independence.

 



 

(12/04/24) $5.35
(12/05/24) $5.49
(12/05/24) (Qty.)1,666,564
(12/04/24) $5.29
(12/04/24) $5.64
(11/17/24) $4.56
(12/01/24) $6.19
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