Autonomix to License IP for RF Innovations’ FDA-Cleared Ablation Technology
DENVER, Colo., Jul 15, 2024 (247marketnews.com)- Autonomix Medical, Inc. (NASDAQ:AMIX) reported entering into a definitive agreement to license RF Innovations’ intellectual property to its Apex 6 Radiofrequency Generator, an FDA-cleared ablation technology designed to lesion neural tissue for pain management in the peripheral nervous system, which is expected to close before the end of July 2024.
Brad Hauser, President and CEO of Autonomix, stated, “This transaction represents a significant step forward for the development and commercialization of our innovative technology platform and can potentially simplify our regulatory strategy, as the Apex 6 Generator is already FDA-cleared in pain management.
“I would like to commend our team for their hard work in identifying and validating this compatible radio frequency ablation generator that will be used in conjunction with our novel sensing device. Additionally, the team from RF Innovations is deeply experienced in the development and manufacturing of radio frequency generators and their assistance will be invaluable as we move our system forward towards commercialization. Together, we can work to adapt the technology for our specific use case and accelerate our journey to revolutionize how diseases involving the nervous system are diagnosed and treated.”
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