Published: 06 Jun 2017
Author: Robyn Adams
National law firm Shoosmiths has advised P D Neurotechnology (PDN) on its 1.34m (EUR) funding for the development of its ground breaking wearable medical technology.
PDN has received funding of 1,000,000 (EUR)from the founders and angel investors with a follow-on funding commitment of 340,000 (EUR)from the National Bank of Greece (NBG), 1.34m (EUR)in total. The funding will see the continued development of PDN's wearable medical technology for continuous monitoring and treating of movement disorders which is anticipated to assist in the treatment of chronic diseases like Parkinson's disease.
Shoosmiths' corporate partner Stuart Murray and solicitor Alexander Lamley advised PDN on the UK legal aspects of receiving the funding that involved a complicated structural arrangement to deal with exchange controls and NBG investment criteria.
Nikolaos Moschos, President of the board directors at PDN, commented: 'This funding will ensure the continued development of our innovative wearable medical technology that will significantly benefit sufferers of debilitating movement disorders and illnesses such as Parkinson's disease. The team at Shoosmiths has provided effective, commercial advice with an efficient and proactive service that has ensured the timely securing of this funding.'
Stuart Murray added: 'We are extremely pleased to have assisted PDN on this significant investment into the development of their innovative medical product and wish them all the best for the future.' Shoosmiths' corporate team advises public and private companies, management teams, investors and debt providers through the business life cycle. Shoosmiths work with businesses from start-up and first round finance through to mergers and acquisitions, MBO and MBI transactions, development funding and on exits, by way of sale, listing or private equity investment.
Nationally, the corporate team is ranked in first place by deal volume in Experian's 2016 MarketIQ UK & Ireland M&A league tables. The team was recognised for its mergers and acquisitions expertise at the 2015 M&A Awards, winning the Law Firm of the Year category.
Read the original post:
- Neurotechnology Market Trends, Key Players, Overview, Competitive Breakdown and Regional Forecast by 2025 - Filmi Baba - December 26th, 2019
- designboom 2020 TECH PREDICTIONS: cyborgs and brainjacking - Designboom - December 26th, 2019
- Neurotechnology firm partners two care facilities with eye movement platform - Med-Tech Innovation - December 13th, 2019
- SyncThinks eye-tracking helps monitor brain health and concussion risk - VentureBeat - December 12th, 2019
- These were the 15 best CEOs of 2019 - Business Insider - December 12th, 2019
- Worldwide Facial Recognition Market Latest Research By Business Expansion Plans, Industry Demand Status & Forecast 2028 - Tech News Today - December 12th, 2019
- Neurotechnology Market Report 2019 | Industry Size, Share, Trend And Forecast Is A Professional And In-Depth Study By 2026 - Alpha News Report - December 6th, 2019
- Trying to read the 'mind of a group' shapes our decisions online - Futurity: Research News - December 6th, 2019
- Global Facial Recognition Market Top Key Players, Regions and Application Outlook Upto 2019 to 2028 - Industry Planning - December 6th, 2019
- Neurotechnology startup NextMind unveils world's first brain-sensing wearable that delivers real-time device control with just your thoughts -... - November 23rd, 2019
- NextMind Unveils World's First Brain-Sensing Wearable That Delivers Real-Time Device Control With Just Your Thoughts - Business Wire - November 23rd, 2019
- Neurotechnology and the Future of Hope - Robotics Tomorrow (press release) - August 25th, 2017
- Canaccord Genuity Keeps Rating And Raises Price Target On Stryker Corporation (SYK) - Modern Readers - August 25th, 2017
- Technology Key to Fighting Neurological Disease - R & D Magazine - August 25th, 2017
- Could this back-pain device end need for opioids? - The Columbus Dispatch - August 20th, 2017
- In the Future, Humans Will Use Brain to Brain Communication and Download Their Memories If Elon Musk Has His Way - Newsweek - August 14th, 2017
- Open-source Morpheo Platform to Use Artificial Intelligence to Help Diagnose Sleep Disorders - Sleep Review - August 8th, 2017
- Stryker Exceeded Analysts' Sales Estimates in 2Q17 - Market Realist - August 2nd, 2017
- Elon Musk talks of his life's 'highs' and 'lows' in a few painfully honest tweets - Mashable - July 31st, 2017
- Team Neurotechnology Innovations Translator - July 30th, 2017
- Stryker Corporation (NYSE:SYK) and Uroplasty (UPI) Financial Survey - Stock Observer - July 29th, 2017
- Tufts Hosts Engineering Conference - Tufts Now - July 28th, 2017
- Stryker reports 6.1% Q2 growth, installs 26 Mako systems: 7 things ... - Becker's Orthopedic & Spine - July 28th, 2017
- Arshya Vahabzadeh: Innovating at the Intersection of Brain, Behavior, and Technology - HuffPost - July 27th, 2017
- Capstone Asset Management Company Has Boosted By $555078 Its Raytheon Co (RTN) Holding, Stryker (SYK)'s ... - Herald KS - July 26th, 2017
- Trivascular Technologies (TRIV) & Stryker Corporation (SYK) Critical Review - Stock Observer - July 26th, 2017
- fMRI, EEG Tests May Detect Consciousness in Severe TBI Patients - PsychCentral.com - July 24th, 2017
- BRAIN center gathers to ponder future, direction - Arizona State University - July 20th, 2017
- Preserving the Right to Cognitive Liberty - Scientific American - July 19th, 2017
- Comparing Uroplasty (UPI) and Stryker Corporation (NYSE:SYK) - The Cerbat Gem - July 18th, 2017
- Insider Activity Stryker Corporation (NYSE:SYK) - Highlight Press - July 15th, 2017
- Neurotechnology: 5 braincomputer interface innovations - Red Bull - Red Bull - July 12th, 2017
- DARPA invests further in neurotechnology - SD Times - SDTimes.com - July 11th, 2017
- Infinitely Flexible 3D Printing with Ultrasonic Manipulation? - ENGINEERING.com - July 11th, 2017
- HIRREM Neurotechnology Better Than Placebo for Insomnia - Sleep Review - July 10th, 2017
- What is NIT? Neurotechnology Innovations Translator - July 5th, 2017
- Mind-blowing ultrasonic 'printer' uses lasers and high-frequency sound to assemble electronics - Digital Trends - July 1st, 2017
- Neurotechnology Explains Ultrasonic Manipulation in 3D Printing - 3DPrint.com - June 30th, 2017
- Neurotechnology Develops 3D Printing Method with Non-Contact Ultrasonic Manipulation Technology - 3DPrint.com - June 26th, 2017
- Neurotechnology makes a number of updates to the MegaMatcher product line - Biometric Update - June 23rd, 2017
- Neurotechnology adds face recognition, tracking to video surveillance systems; researchers win competition - Biometric Update - June 23rd, 2017
- SentiVeillance Server - Face Recognition and Analytics to Video Management Systems - Officer.com (press release) (registration) (blog) - June 22nd, 2017
- Brain data, neurotechnology and education | code acts in ... - June 21st, 2017
- Neurotechnology Announces SentiVeillance Server Facial Recognition Solution - findBIOMETRICS - June 21st, 2017
- New SentiVeillance Server from Neurotechnology Adds Face Recognition and Analytics to Video Management Systems - PR Newswire (press release) - June 19th, 2017
- Accuray (ARAY) versus Stryker Corporation (SYK) Head-To-Head Review - The Cerbat Gem - June 17th, 2017
- Helping or Hacking? Engineers, Ethicists Must Work Together on Brain-Computer Interface Technology - Government Technology - June 15th, 2017
- Neurotechnology Researchers Win Kaggle Competition with Deep Neural Network Solution for The Nature ... - PR Newswire (press release) - June 15th, 2017
- Neurotechnology Wins Fisheries-Focused Computer Vision ... - findBIOMETRICS - June 15th, 2017
- A Hardware Update for the Human Brain - HardOCP - June 15th, 2017
- Neurotechnology Releases MegaMatcher Accelerator Extreme, the Fastest Biometric Engine in the World - PR Newswire (press release) - June 14th, 2017
- Helping or hacking? Engineers and ethicists must work together on brain-computer interface technology - San Francisco Chronicle - June 14th, 2017
- Favorable Press Coverage Very Likely to Affect Stryker Corporation (SYK) Stock Price - Sports Perspectives - June 14th, 2017
- Neurotechnology Announces MegaMatcher Accelerator Extreme - findBIOMETRICS - June 12th, 2017
- Head to Head Analysis: Accuray (ARAY) and Stryker Corporation (SYK) - Sports Perspectives - June 12th, 2017
- Welch Capital Partners Increased By $3.59 Million Its Eqt (EQT) Position, Stryker (SYK) Sellers Decreased By 3.59 ... - UtahHerald.com - June 10th, 2017
- Comparing Accuray (ARAY) & Stryker (SYK) - The Cerbat Gem - June 9th, 2017
- Shoosmiths advises PD Neurotechnology on 1.34m investment - Scottish Legal News - June 7th, 2017
- Stryker (SYK) Earning Somewhat Favorable Media Coverage, Report Finds - Chaffey Breeze - June 5th, 2017
- Stryker (SYK) Receives Media Impact Score of 0.15 - Chaffey Breeze - June 3rd, 2017
- Scientists remotely move a mouse's whiskers with electrodes outside its brain - The Verge - June 1st, 2017
- The tiny cyborg dragonfly drones have taken flight - Mashable - June 1st, 2017
- Somewhat Positive Press Coverage Likely to Impact Stryker (SYK) Stock Price - The Cerbat Gem - June 1st, 2017
- Stryker (SYK) Getting Positive News Coverage, Study Shows - Chaffey Breeze - May 28th, 2017
- $20000 ONtrepreneurs Pitch Challenge Winner Announced - Canada NewsWire (press release) - May 23rd, 2017
- FAQ Neurotechnology Innovations Translator - May 13th, 2017
- Rythm Accelerates Sleep Research and Neurotechnology Efforts With a Prestigious Scientific Advisory Board and ... - PR Newswire (press release) - May 13th, 2017
- Freedom of the mind under threat with new technology - BioEdge - May 8th, 2017
- Do We Have a Right to Mental Privacy and Cognitive Liberty? - Scientific American (blog) - May 4th, 2017
- Future tech could jeopardise 'freedom of mind': experts - Outlook India - Outlook India - May 2nd, 2017
- This Is Your Brain on Business - Fortune - May 2nd, 2017
- Future tech could jeopardise 'freedom of mind', say experts - Daily News & Analysis - April 30th, 2017
- Will your computer delete your thoughts? - TRUNEWS - April 28th, 2017
- Researchers advocate neurorights to protect brain data - The Stack - April 28th, 2017
- Download - Neurotechnology - April 27th, 2017
- Rise of Neurotechnology: Defend Against Brain Hackers Before It's Too Late - Sputnik International - April 27th, 2017
- A new category of human rights: neurorights - BMC Blogs Network (blog) - April 27th, 2017
- In a neuro-techno future, human rights laws will need to be revisited - Science Daily - April 27th, 2017
- New computers could delete thoughts without your knowledge ... - The Independent - April 27th, 2017
- Stryker Co. Announces Quarterly Dividend of $0.43 (SYK) - The Cerbat Gem - April 25th, 2017
