Paradromics Raises $105M for Breakthrough Brain-Computer Interface to Restore Speech in Stroke Survivors

July 29, 2024
Paradromics Raises $105M for Breakthrough Brain-Computer Interface to Restore Speech in Stroke Survivors
  • Paradromics, founded in 2015, is pioneering a brain-computer interface (BCI) that translates brain signals into speech for individuals who have lost their ability to communicate verbally.

  • The company has successfully raised $87 million in venture capital and $18 million in public funding, with its device receiving two FDA Breakthrough Device Designations.

  • Paradromics has also been accepted into the FDA's Total Product Life Cycle Advisory Program, which will provide guidance as they prepare for human clinical trials expected to commence next year.

  • Recent feasibility tests with ten subacute stroke patients demonstrated attention classification accuracy ranging from 70% to 100% during online assessments.

  • The BCI system operates reactively, measuring brain responses to external stimuli, which aids in enhancing sensory rehabilitation for stroke survivors.

  • Current sensory training methods primarily focus on bottom-up approaches, utilizing various tactile stimuli and electrical stimulation.

  • Non-invasive brain stimulation (NIBS) has emerged as a promising adjunct treatment for stroke rehabilitation, particularly in improving upper limb motor function.

  • With stroke being a leading global cause of disability, affecting 50%-85% of survivors with sensory deficits, the need for effective rehabilitation interventions is critical.

  • The review of NIBS emphasizes the necessity for more randomized clinical trials to clarify the effects of contralesional stimulation and to identify suitable biomarkers for patient response.

  • Further research is needed to optimize NIBS protocols based on individual patient characteristics, such as the integrity of corticospinal tracts.

  • Participants in studies underwent clinical assessments to establish baseline functionality, including evaluations of motor and sensory scores.

  • A gender-based analysis in recent studies revealed that men exhibited a 9.16% greater improvement in results compared to women, highlighting the need for further examination of gender-specific performance differences.

Summary based on 4 sources


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