AVACEn Seeks Crowdfunding to Study Fibromyalgia Therapy

AVACEn Seeks Crowdfunding to Study Fibromyalgia Therapy
AVACEN MedicalAVACEN Medical is launching a campaign on Crowdfunder.com to help raise $2 million and support the development of an investigational therapy for fibromyalgia, as well as its application to the U.S. Food and Drug Administration (FDA). The company has decided to launch the campaign as a result of the encouraging results from previous studies conducted to evaluate the treatment, as announced in a press release. The company has been dedicated to the development of a non-invasive therapeutic medical device and treatment method designed to carry heat to the circulatory system. Therefore, AVACEN conducted a 28 day follow-up study with 22 fibromyalgia patients, from which the company's scientists observed the treatment ability in decreasing about 40% the pain, according to the widespread pain index, as well as the tender point counts to a level that is below what used for clinical assessment. Even though the medial device is not yet approved by the FDA for the treatment of fibromyalgia, the positive results of the study encouraged the company to conduct further trials. The data was presented at the Society for Neuro
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