As technology advances, the health sector transitions from using the essential tracking apps to highly advanced medical devices. Incredibly, many Canadian companies have begun to invest in technologies that target the brain, including Neurolign.
Neurotechnology invests in implantable devices with brain-machine interfaces that can augment the nervous system’s activities and expand its capabilities. A good example is the Neurolign DX Falcon that provides an enhanced image capture to help clinicians.
In this guide, we’ll look at some of the Canadian companies that have invested heavily in neurotechnology. We’ll also look at some of the innovative devices they have built.
Canadian Companies in the Neurotechnology Space
Canada is home to some of the world’s most innovative people, like Eugene Melnyk, the founder, chairman, and chief executive officer of Neurolign Technologies Inc. Now, let’s look at the Canadian companies that are dominating the neurological technology space.
1. Neurolign Technologies Inc.
Founded by Eugene Melnyk, Neurolign is a diagnostic and pharmaceutical company that focuses on diagnosing and treating neurological disorders using technology. The company offers a vast range of neurological devices and innovations, including:
- Neurolign Dx 100™: This non-invasive goggle has an integrated clinical eye-tracking and digital display. It’s highly effective for 4-D eye tracking, baseline testing, and eye monitoring. The FDA has already cleared the device as safe.
- Neurolign Dx Falcon: Clinicians use this device because it has an enhanced eye image capture that suits a vast range of patients. Its lightweight provides greater patient comfort. It also offers high-speed data capture of up to 250Hz.
- Neurolign Dx NOTC: It offers the most comprehensive tests for neurotologic and vestibular diagnosis. The set includes a rotational chair, Pursuit Tracker™ oculomotor stimuli, 4D eye tracking, and direct drive servo motors.
Neurolign Technologies Inc. was founded in 2018 and had its headquarters in Toronto, Ontario. Currently, the company has between 11 and 50 employees.
2. Zentrela Inc.
Founded in Canada, Zentrela is a neurotechnology company that has developed the Cognalyzer®, the first-scientifically proven device measuring the level of “cannabis highness.” The technology measures how high you are after taking the drug.
Zentrela came up with the technology after four years of research and development. It received financial support from the government to develop this neurotechnology that reads the brainwaves to establish how one is high on cannabis.
The good news is that Zentrela and other stakeholders will begin using the technology in 2021 to generate science-driven cannabis data. The company will then deliver the information to consumers through collaborations with other stakeholders.
Zentrela was founded in Hamilton, Ontario, by Israel Gasperin, an entrepreneur and the company’s current CEO. He got support from Dr. Dan Bosnyak, a neuroscientist with more than 20 years of EEG technology experience.
3. Telemag Health Solutions
Telemag Health, based in Mississauga, Canada, provides magnetic stimulation devices that help to treat depression. The company has developed rTMS treatment solutions to treat many mental disorders. One mental disorder that Telemag can treat is depression.
The rTMS treatment technology directs magnetic pulses into the brain to alter neuronal responses responsible for depression. Thankfully, the rTMS device is highly affordable. Even the smaller hospitals can afford to purchase the device.
Notably, Telemag is a newly founded company that started operating in 2020. It has won a grant from the Ontario Brain Institute to fund its projects. Another good news is that the FDA and Health Canada have approved rTMS technology.
4. Stabilo Medical
Based in Kitchener, Ontario (Canada), Stabilo Medical has developed a smart vest that aims to help stroke patients exercise safely without a therapist’s assistance. Stabilo claims that the device (Stabilo Trainer) can boost the rate and level of stroke recovery.
So, what are the unique features of the Stabilo Trainer? It provides an all-day posture sensing that can sense whether one is seated upright or reclined. It can recognize all the leans, including front, back, and side to side leans. It also detects pelvic rotation.
The Stabilo Trainer will tell the wearer how they are slouched and also encourage them to sit upright. The device has a built-in mic that passes information through audio when it encounters noticeable vibrations. Thankfully, the device also offers coaching features.
5. Neurofit VR
Formerly known as Ocutherapy, Neurofit VR was founded in 2019 by Maryam Nabavi, the company’s current CEO. Neurofit uses virtual reality (Brain Bootcamp) to improve patients’ rehabilitation and recovery who have suffered from a stroke.
Neurofit designed Brain Bootcamp to provide at-home, accessible resources that can make brain health building more enjoyable. The system works by first learning from the patient and adapting difficulty based on the patient’s unique needs.
With Neurofit, patients can receive a personalized breakdown of performance through emails. That is, after completing the training program. You need an internet connection, a computer, and a browser (Google Chrome, Microsoft Edge, or Mozilla Firefox).
Another Canadian company investing in neurological technology is Inteligex, a neurological technology company based in Toronto. It was founded by Michael G. Fehlings, who is also the current president of the company.
Inteligex is developing stem cell-based therapeutics to help restore function in patients that have suffered from spinal cord injury, commonly known as SCI. Hopefully, the company will become the global market leader in proprietary cell-based therapies.
The proprietary regenerative stem-based therapies address both chronic and acute forms of SCI. The company achieves that using the technologies designed to facilitate functional recovery of SCI patients. Thankfully, it offers long-term benefits to patients.
7. PROVA Innovations Ltd.
Based in Hamilton, Ontario, PROVA Innovations is a neurotech company that ventures into technologies that help treat adults and children suffering from mobility restrictions caused by brain injuries. This startup won an award from the Ontario Brain Institute.
PROVA innovations aim at creating at-home therapeutic products that can improve mobility and enhance the quality of life. The company’s main products are at-home wearable devices that help in the neurorehabilitation of people with mobility issues.
The wearable devices can measure the foot’s position and apply biofeedback. That will encourage the development of new neuromotor pathways in the brain. The devices offer sensory signalling in light, small vibrations, and sound to guide patients.
LUCID is turning music into medicine by delivering personalized music experiences that can improve health and wellness. The company embodies its core technology in a mobile app to allow individual users to experience LUCID music from home.
After extensive research into biometric and psychometric monitoring, LUCID has perfected auditory experience personalized for each individual. It offers an easy-to-use measurement and streaming service that’s intuitive and unique for every user.
The mobile app (Vibe) uses AI technology to monitor the user’s mood, whether sad, calm, tense, fearful or energized. It will then curate and optimize the playlist based on the user’s mood. It will help them reach and achieve their mental and emotional goals.
Many tech companies have shifted their focus to technologies that link the human brain and computers. For that reason, we are witnessing an unprecedented increase in the number of neurotech companies in Canada, with Neurolign as the most outstanding. The other companies are in their early stages of operation, including Zentrela Inc.