
Magstim EGI (AKA: Electrical Geodesics Inc~EGI~Cerebral Data Systems Inc) Profile last edited on: 12/4/2023
CAGE: 1W6F4
UEI: GA2MMT1QL2B3
Business Identifier: Diagnostic and monitoring equipment for neurological applications Is this YOUR Company?
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Location Information
Location: Multiple
Congr. District: 04
County: Lane
Congr. District: 04
County: Lane
Public Profile
With the declared objective of establishing integrated neurological imaging, mapping and therapy guidance portfolio, in June 2017 Royal Philips (NYSE: PHG, AEX: PHIA), announced an agreement to acquire Electrical Geodesics, Inc. (EGI). In an interesting follow-on to that transaction, it was announced in July 2020 that Transcranial magnetic stimulation tech developer Magstim had purchased the product portfolio of Electrical Geodesics from Royal Philips (NYSE:PHG). Extensively SBIR involved - 33 Phase I and 23 Phase II - EGI ia a US-based medical device company designing, developing and commercializing a range of non-invasive technologies used to monitor and interpret brain activity. The firm's portfolio of EEG hardware, software and acquisition sensors were discussed as complementing Philips existing portfolio of imaging technologies (e.g. MRI and PET-CT) and advanced informatics (e.g. IntelliSpace Portal) for neurological applications. The combined portfolios had been discussed as enabling Philips to address neurological disorders such as stroke, epilepsy, traumatic brain injury and Parkinsons disease. EGI - Electrical Geodesics Inc - is a neurodiagnostic medical technology company developing a range of non-invasive neurodiagnostic products used to monitor and interpret brain activity. In April 2013, the firm went public on London's AIM Exchange. EGIs core technology, Geodesic EEG, provides non-invasive and high-resolution imaging of brain activity and is used to study a broad range of brain disorders, including epilepsy, autism, stroke, traumatic brain injury, and sleep disorders. EGI's new Geodesic Transcranial Electrical Neuromodulation (GTEN) technology was demonstrated at the Human Brain Mapping meeting in Honolulu. GTEN integrates EGI's core GES 400 dEEG platform and its proprietary head modeling algorithms to create a new technique for very precise neuromodulation. Released first for use in research, potential future medical applications for the new technology include epilepsy, depression, and tinnitus, among others.
Extent of SBIR involvement
Synopsis: Awardee Business Condition
Employee Range
75-99Revenue Range
7.5M-10MVC funded?
YesPublic/Private
Publicly TradedStock Info
AIM - Lond : EGIIP Holdings
15-19Awards Distribution by Agency
Most Recent SBIR Projects
Year | Phase | Agency | Total Amount | |
---|---|---|---|---|
2017 | 2 | NIH | $1,142,817 | |
Project Title: Multimodal Image Analysis Software for Epilepsy | ||||
2016 | 2 | NIH | $2,373,677 | |
Project Title: Pediatric Head Models for Improved Imaging of Neurological Development | ||||
2016 | 2 | NIH | $2,452,240 | |
Project Title: High-Field MR-Compatible Dense Array EEG Using Polymer Thick Film Technology | ||||
2013 | 2 | NIH | $1,128,923 | |
Project Title: Integrated EEG/NIR Sensor System for Infants | ||||
2013 | 2 | NIH | $1,000,524 | |
Project Title: Detection and Quantification of Neonatal Intraventricular Hemorrhage |
Key People / Management
Ann Bunnenberg -- President/COO/Co-Founder
K Jeffrey Eriksen
Paul Holman -- General Manager
Ted Mondson
Paul Nunez
Stacey Pederson -- Scientist
Pieter Poolman -- Scientist
Catherine Poulsen
Gerald S Russell
Rosalind J Sadleir
Don M Tucker -- Chief Executive Officer
Sergei Turovets
K Jeffrey Eriksen
Paul Holman -- General Manager
Ted Mondson
Paul Nunez
Stacey Pederson -- Scientist
Pieter Poolman -- Scientist
Catherine Poulsen
Gerald S Russell
Rosalind J Sadleir
Don M Tucker -- Chief Executive Officer
Sergei Turovets