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What is Brainsway Ltd?

Brainsway Ltd operates as a commercial stage medical device company. The Company focuses on the development and sale of non-invasive neuromodulation products for the treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD).

Who owns Brainsway?

BrainsWay was founded in 2003 in Delaware by Uzi Sofer and Avner Hagai, together with David Zacut and they set up a subsidiary in Jerusalem, and obtained an exclusive license from the NIH for the patent it filed on the H coil.

Where is Brainsway based?

The company was founded in 2003 and has offices in the US and Jerusalem. The magnetic coil technology used by BrainsWay's devices, called the "H coil", emerged from research done in the late 1990s and early 2000s at the U.S. National Institutes of Health (NIH) by Abraham Zangen, Roy A. Wise, Mark Hallett, Pedro C. Miranda and Yiftach Roth.

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