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Announcement: $50 Million Funding for Novel Paralysis Therapies Leveraging SciChart

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Announcement: $50 Million Funding for Novel Paralysis Therapies Leveraging SciChart

Onward Medical Secures $50 Million to Advance Paralysis Therapies with SciChart-Enabled Real-Time Dashboards

December 2024 – Onward Medical has secured a $50 million investment from Ottobock, a global leader in medical technology, to accelerate the development and commercialization of its groundbreaking spinal cord stimulation therapies. These therapies, powered by Neurorestore’s cutting-edge research and supported by SciChart’s real-time data visualization technology, are transforming the treatment of spinal cord injuries (SCI). 

Neurorestore Pioneering Breakthroughs in SCI Treatment

Spinal Cord Injury (SCI) disrupts communication between the brain and body, often resulting in paralysis. Complete motor paralysis caused by thoracic and lumbar injuries, historically considered irreversible, are now being tackled through Neurorestore’s groundbreaking Epidural Electrical Stimulation (EES).

Key innovations include: 

  • Targeted Dorsal Root Stimulation: Activating motor neurons with precision-placed electrodes. 
  • Custom Electrode Design: Advanced 16-electrode leads target multiple nerve groups simultaneously. 
  • Activity-Specific Software: Programs replicate natural motor neuron activation, enabling walking, swimming, and more. 

Results speak volumes. Within hours of EES setup, patients regained basic motor functions. Over months of therapy, they achieved mobility independence, improved muscle function, and even voluntary movement without stimulation.

Neurorestore’s innovations, enhanced by SciChart’s real-time visualization, set a new standard in SCI treatment and offer hope for broader applications, including stroke and Parkinson’s rehabilitation.

SciChart’s Powering MedTech Real-Time Dashboards

Neurorestore’s success is underpinned by SciChart’s high-performance WPF charting and data visualization software, which plays a critical role in their research and therapy design.

Key contributions include: 

  • Real-Time Visualization and Modulation: Enables clinicians to monitor complex synaptic data and adapt stimulation waveforms on the fly. 
  • Custom Overlays for Clinician-Driven Modulation: Provides bespoke interfaces for live simulation and adjustment of therapy protocols. 
  • Processing Power for High-Volume Data Streams: Handles simultaneous inputs from multiple sensors without performance slowdowns. 
  • GUI Flexibility: Supports tailored dashboards for unique clinical requirements, bridging brain-to-body communication efficiently. 

Charles David Sasportes, from the Department of Clinical Neurosciences at Lausanne University Hospital, noted: 

“SciChart’s speed and thorough documentation have been crucial in advancing our therapy, enabling us to efficiently monitor numerous physiological signals without system slowdowns.” 

Medical Dashboards for Live adaptation of SCI stimulation
Neurorestores novel high-performance medical dashboards powering live adaptation of the stimulation template powered by SciChart

Empowering MedTech Innovation

SciChart’s technology is trusted across the MedTech industry, supporting innovations beyond spinal cord injuries. Our software powers breakthroughs in: 

  • Breast cancer treatment through advanced imaging visualization.
  • Telehealth platforms with custom ECG and EKG dashboards.
  • Remote monitoring and data visualization for embedded medical devices.
  • Research applications for leading universities like MIT and Imperial College.

With 90% of leading MedTech companies relying on SciChart, our partnership with over 250 universities globally through our Educational, Research and University Licensing Partnership Programme highlights our commitment to advancing life-changing medical research. Talk to us how we can power your next medical breakthrough.

Dashboards for MedTech and Telehealth platforms

Whether you’re looking for ECG Charts, EKG visualization tools, or custom medical dashboards, SciChart enables clients to pioneer life-changing medical devices and push the boundaries of research. Our high performance rendering engine, designed with medical applications and research in mind can help you bring your next project to life on anything from mobile devices, to embedded hardware or remotely accessible browsers. SciChart is the only high-performance precision 64-bit library built for data accuracy and integrity available on WPF, JavaScript, iOS, Android and MacOS with support for Linux.

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By Sheldon Vestey | Dec 12, 2024
Chief Commercial Officer at SciChart, with a background in Biochemistry & Genetics and serving as a Government Scientific Grant Assessor. Focuses on business development, building key partnerships, advancing customer innovations, leading educational programs, and managing reseller networks.

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