Nexstim extends agreement with Canadian distributor and receives order for three NBT® systems

25 May 2021

Nexstim Plc (NXTMH:HEX, NXTMS:STO) announces that it has extended its agreement with Canadian Health Solutions group, the Company’s distributor in Canada, for an additional five years. The agreement continues to focus on the distribution of Nexstim’s NBT® systems for the treatment of Major Depressive Disorder. In conjunction with this extension, the distributor has ordered three NBT® systems and corresponding head trackers. Mikko Karvinen, CEO of Nexstim, comments: “Considering the challenges presented by the global pandemic over the last 14 months, our relationship with Canadian Health Solutions has only strengthened. I am impressed by Dr. David Elias and his competent team and believe this initial order of three systems is only the beginning of providing Canadians with access to the most personalized TMS treatment for depression. There is great opportunity in this partnership.”

Further information on Nexstim’s website.