Friday, December 6, 2019

Wave Neuroscience Acquires Newport Brain Research Laboratory

Newport Beach-based Wave Neuroscience, a newly formed startup, says it has acquired a number of assets from Newport Brain Research Laboratory (NBRL), along with "many different onshore and offshore holding companies" owned by NBRL, as part of its efforts to provide non-invasive neuromodulation technology. The company said it is focused on brain health, and treating Traumatic Brain Injuries (TBI) and Post-Traumatic Stress Disorder (PTSD). Financial details of the acquisition of Newport Brain Research Laboratories were not announced. Wave Neuroscience is led by CEO Fred Walke.

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