Neuronetics, Inc. announced clearance from the U.S. Food and Drug Administration for its transcranial magnetic stimulation system as an adjunct for treating adult patients suffering from Obsessive-Compulsive Disorder. NeuroStar pioneered the TMS category as the first system FDA cleared for Major Depressive Disorder (MDD). NeuroStar is now leveraging the system's versatile coil design, which allows providers to treat both MDD and OCD without the need for additional hardware upgrades or purchases.

NeuroStar's proprietary cloud-based software, TrakStar, can remotely activate the new treatment protocol for providers once they are trained. Practice Development Managers and Clinical Training Managers will be available to deliver training to NeuroStar practices in the third quarter. This new indication will significantly add to NeuroStar's extensive Outcomes Registry, which is the larger outcomes registry in the world for depression.