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Investment, possible sale could boost eNeura's migraine treatment device
Investment, possible sale could boost eNeura's migraine treatment device

More than a decade after Maryland inventor Robert Fischell began exploring the use of magnets to relieve migraine pain, the idea could be on the verge of a $65 million sale. A deal with a Texas medical device company announced last week gives Baltimore-based eNeura Inc. an immediate infusion of $15 million, a loan that company leaders said will pay for more testing and the commercial launch of a device that sends magnetic pulses into the brain to calm migraines. Beyond that, at any time in the next 18 months, Orthofix International could exercise an option to buy eNeura and its device, SpringTMS. David K. Rosen, eNeura's CEO, said the focus is on "business as usual" —...

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