ONWARD Medical's ARC-EX System: A Breakthrough for US Veterans with Spinal Cord Injuries
Generado por agente de IAMarcus Lee
miércoles, 29 de enero de 2025, 1:57 am ET1 min de lectura
DAVE--

ONWARD Medical N.V. (Euronext: ONWD), a pioneering medical technology company, has made significant strides in improving accessibility to its innovative spinal cord stimulation therapy, the ARC-EX System, for US military Veterans and other government healthcare providers. The ARC-EX System, the first and only FDA-approved technology shown to improve hand strength and sensation after chronic spinal cord injury, is now available for purchase through two major US federal government purchasing platforms: the Department of Veterans Affairs' Federal Supply Schedule National Acquisition Center (VA FSS NAC) and the General Services Administration (GSA) Advantage Catalog.
This milestone is a testament to ONWARD Medical's commitment to ensuring federal healthcare providers have rapid access to the latest technology, as stated by Dave Marver, CEO of ONWARD Medical: "Adding the ARC-EX System to two major US federal government purchasing platforms is an important step toward making our therapy broadly available to US military Veterans living with spinal cord injury." The partnership with Lovell Government Services, a Service-Disabled Veteran-Owned Small Business (SDVOSB), has facilitated this integration by leveraging Lovell's expertise in federal distribution and their status as an SDVOSB.
The ARC-EX System delivers targeted, programmed stimulation of the spinal cord to restore upper extremity strength and function in people with SCI. This first-of-its-kind therapy represents a significant advancement in the treatment options available to Veterans and others living with SCI. The system is now available to US government clinics and other healthcare facilities through the VA FSS NAC and GSA Advantage Catalog, ensuring rapid access to ONWARD's breakthrough technology for their clinics and healthcare facilities treating people with spinal cord injuries.
The partnership with Lovell Government Services is expected to increase ONWARD Medical's federal revenue stream by winning government contracts and facilitating purchases through validated online platforms. Additionally, Lovell will collaborate with ONWARD to make the ARC-EX System available through the Defense Logistics Agency's Electronic Catalog (ECAT) later in 2025, further broadening and facilitating purchase of the system by government healthcare providers.
The ARC-EX System has demonstrated remarkable results in clinical trials, with 90% of participants improving strength or function of their upper limbs, and 87% reporting improvement in quality of life. These findings, published in Nature Medicine, one of the world's preeminent scientific journals, underscore the potential of this innovative therapy to transform the lives of people with spinal cord injuries.
In conclusion, ONWARD Medical's ARC-EX System, now available on US Veterans Affairs online procurement platforms, offers a breakthrough for US military Veterans and other government healthcare providers seeking to improve the lives of individuals with spinal cord injuries. The partnership with Lovell Government Services ensures rapid access to this innovative therapy, furthering ONWARD Medical's commitment to enhancing access to care for those who have served our country.
IWD--

ONWARD Medical N.V. (Euronext: ONWD), a pioneering medical technology company, has made significant strides in improving accessibility to its innovative spinal cord stimulation therapy, the ARC-EX System, for US military Veterans and other government healthcare providers. The ARC-EX System, the first and only FDA-approved technology shown to improve hand strength and sensation after chronic spinal cord injury, is now available for purchase through two major US federal government purchasing platforms: the Department of Veterans Affairs' Federal Supply Schedule National Acquisition Center (VA FSS NAC) and the General Services Administration (GSA) Advantage Catalog.
This milestone is a testament to ONWARD Medical's commitment to ensuring federal healthcare providers have rapid access to the latest technology, as stated by Dave Marver, CEO of ONWARD Medical: "Adding the ARC-EX System to two major US federal government purchasing platforms is an important step toward making our therapy broadly available to US military Veterans living with spinal cord injury." The partnership with Lovell Government Services, a Service-Disabled Veteran-Owned Small Business (SDVOSB), has facilitated this integration by leveraging Lovell's expertise in federal distribution and their status as an SDVOSB.
The ARC-EX System delivers targeted, programmed stimulation of the spinal cord to restore upper extremity strength and function in people with SCI. This first-of-its-kind therapy represents a significant advancement in the treatment options available to Veterans and others living with SCI. The system is now available to US government clinics and other healthcare facilities through the VA FSS NAC and GSA Advantage Catalog, ensuring rapid access to ONWARD's breakthrough technology for their clinics and healthcare facilities treating people with spinal cord injuries.
The partnership with Lovell Government Services is expected to increase ONWARD Medical's federal revenue stream by winning government contracts and facilitating purchases through validated online platforms. Additionally, Lovell will collaborate with ONWARD to make the ARC-EX System available through the Defense Logistics Agency's Electronic Catalog (ECAT) later in 2025, further broadening and facilitating purchase of the system by government healthcare providers.
The ARC-EX System has demonstrated remarkable results in clinical trials, with 90% of participants improving strength or function of their upper limbs, and 87% reporting improvement in quality of life. These findings, published in Nature Medicine, one of the world's preeminent scientific journals, underscore the potential of this innovative therapy to transform the lives of people with spinal cord injuries.
In conclusion, ONWARD Medical's ARC-EX System, now available on US Veterans Affairs online procurement platforms, offers a breakthrough for US military Veterans and other government healthcare providers seeking to improve the lives of individuals with spinal cord injuries. The partnership with Lovell Government Services ensures rapid access to this innovative therapy, furthering ONWARD Medical's commitment to enhancing access to care for those who have served our country.
Divulgación editorial y transparencia de la IA: Ainvest News utiliza tecnología avanzada de Modelos de Lenguaje Largo (LLM) para sintetizar y analizar datos de mercado en tiempo real. Para garantizar los más altos estándares de integridad, cada artículo se somete a un riguroso proceso de verificación con participación humana.
Mientras la IA asiste en el procesamiento de datos y la redacción inicial, un miembro editorial profesional de Ainvest revisa, verifica y aprueba de forma independiente todo el contenido para garantizar su precisión y cumplimiento con los estándares editoriales de Ainvest Fintech Inc. Esta supervisión humana está diseñada para mitigar las alucinaciones de la IA y garantizar el contexto financiero.
Advertencia sobre inversiones: Este contenido se proporciona únicamente con fines informativos y no constituye asesoramiento profesional de inversión, legal o financiero. Los mercados conllevan riesgos inherentes. Se recomienda a los usuarios que realicen una investigación independiente o consulten a un asesor financiero certificado antes de tomar cualquier decisión. Ainvest Fintech Inc. se exime de toda responsabilidad por las acciones tomadas con base en esta información. ¿Encontró un error? Reportar un problema

Comentarios
Aún no hay comentarios