Salem stroke survivor rings stock exchange bell, thanks to new technology

Two partially paralyzed stroke survivors will ring the New York Stock Exchange closing bell Friday night with CEO Paul Gudonis in a symbolic gesture of the company’s trade presence on Wall Street.
Jessica Peters of Salem and JayJay Johnson of Ohio can ring the closing bell at 4 p.m. on the floor of the NYSE because they wear devices, produced by Myomo, that detect the weak muscle signals in their arms, which activate the devices’ motors to move their arms in the […]

Myomo, Inc. Launches MyoPro® 2

Myomo, Inc., a commercial stage medical robotics company, today announced the launch of its next-generation MyoPro® myoelectric arm orthosis (powered brace), the only lightweight wearable device that can restore function in the paralyzed or weakened arms and hands of individuals who have suffered a stroke, spinal cord or nerve injury, or other neuromuscular disability. Read more >>

Is Reg A+ Crowdfunding Quickly Coming of Age?

Next week on June 12th, Myomo says it will list its shares on the NYSE MKT under the ticker symbol MYO. Myomo raised $7.9 million with $5 million coming from the “crowd” under Reg A+ and $2.9 million from a private sale of restricted securities to accredited investors – most of which were early investors in Myomo. Read more >>