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Report: 60pc of large companies report mental health issues among IT workers China blocks Meta’s $2bn Manus acquisition Ireland’s solar sector hits 1GW of energy for first time After Amazon, Google commits up to $40bn in Anthropic Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech 4 easy ways to stay on top of cybersecurity in the workplace 15 companies you’ll see at NIBRT Careers in Biopharma 2026 Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push China's DeepSeek unveils long-awaited V4 AI model Intel’s shares soar as Q1 results signal brighter future MongoDB to create 200 new jobs as it invests €74m into Irish operations Why it's full STEAM ahead for young people upskilling in Ireland's west Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink AI race intensifies with Google's new agent management platform Government launches new AI initiative for greater access to essential skills Free and inexpensive cybersecurity courses to undertake in 2026 UL looking for ‘changemakers’ amid Research Week 2026 OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Anthropic probing reported Mythos leak on Discord Professional job openings across Ireland increased in Q1, finds report Contract hiring evidence of a cautious jobs market, finds report Can you rely on AI chatbots for medical advice? €6.9m awarded to final four National Challenge Fund winners Amazon investing up to $25bn in Anthropic AI infrastructure deal Vodafone Ireland to invest €360m over the next four years Tim Cook passes Apple leadership to hardware head John Ternus Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups When it comes to leadership, do companies know what they are doing? 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Neurovalens gets US FDA approval for PTSD treatment device
Tim Barnwell · 2026-05-26 · via Portfolio – Silicon Republic

From left: Iain Hendrick, Sinead Watson, Jason McKeown and Chris McCabe. Image: Neurovalens

Other devices developed by the Northern Irish company for the treatment of insomnia, anxiety and weight management have previously received various levels of FDA approval.

Belfast health-tech company Neurovalens has received ‘de novo’ approval from the US Food & Drug Administration (FDA) for its prescribed treatment for symptoms associated with post-traumatic stress disorder (PTSD).

The treatment, a non-invasive medical device named ‘Modius Spero’, is specifically designed to help treat the symptoms of PTSD, according to the company.

It works by stimulating deep parts of the brain, associated with stress response and regulation of mental health, using small and safe electrical pulses – known as electrical vestibular system stimulation – delivered to the skin behind each ear for a period of 30 minutes daily, its maker said.

The device will become available on prescription from July to US military veterans, through their affiliated government department, following US clinical trials in which two-thirds of participants with PTSD using Modius Spero reported a significant and clinically meaningful improvement in symptoms, supporting the device’s effectiveness as a non-invasive treatment option for PTSD, Neurovalens said.

The Northern Irish company’s CEO Dr Jason McKeown said: “Neurovalens remains on a mission to offer low-risk, non-invasive treatments for chronic health issues such as PTSD. By focusing on a treatment that addresses the underlying cause, we know this can have a transformative impact on the lives of patients.

“Being granted medical device regulatory approval for Modius Spero from the FDA validates it as a treatment for patients who suffer from PTSD, and is a significant milestone for the company.” Neurovalens also has European medical device regulation compliance certification to sell its products in the EU.

Other ‘Modius’ devices developed by Neurovalens for the treatment of insomnia, anxiety and weight management have previously received various levels of FDA approval, and use the same non-invasive approach to neurostimulation in targeting relevant areas of the brain.

The approach “allows the device[s] to operate non-invasively, and therefore we can avoid the need for surgical implantation”, McKeown told SiliconRepublic.com in 2024. “This allows the devices to be considered as much lower risk, and therefore can be offered much earlier in the treatment pathway.”

Neurovalens has been operating for more than a decade and is led by McKeown, chief project officer Iain Hendrick, chief regulatory officer Sinead Watson and chief technology officer Chris McCabe.

It said that to date, it has raised approximately £20m in equity and debt funding from UK investors including Wharton Asset Management, IQ Capital, Techstart Ventures, ACF Investors, Beltrae Partners, Investment Fund for Northern Ireland, Clarendon Fund Managers, Whiterock, Innovation Ulster Limited and the British Business Bank.

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