Advertisement Competitive Technologies submits FDA application for pain management device - Pharmaceutical Business review
Pharmaceutical Business review is using cookies

ContinueLearn More
Close

Competitive Technologies submits FDA application for pain management device

Competitive Technologies has applied for FDA 510(k) medical device authorization for US sales of its pain management therapy device.

The device has CE certification from the EU allowing European sales for this non-invasive method for rapid treatment of high-intensity oncologic and neuropathic pain, including pain resistant to morphine and other drugs. The company has exclusive worldwide rights to this patented device. The device uses a multi-processor designed to create self-like neurons by applying surface electrodes to the skin to simultaneously treat multiple pain areas.

John Nano, chairman, president and CEO of Competitive Technologies, said: “This device targets the American Pain Society’s goal of reducing pain related suffering. The company’s objective is to commercialize this device worldwide. Based upon the European CE approval status, we have signed a letter of agreement with a billion-dollar European healthcare company for exclusive European distribution rights.”