Neurotech Reports Announces Recipients of Gold Electrode Awards

Neurotech Reports, the publisher of Neurotech Business Report, announced the winners of the 2007 Gold Electrode Awards. The awards were given out at the 2007 Neurotech Leaders Forum on October 25-26 in Newport Beach, CA.

The award for best new product went to Cleveland Medical Devices, Inc. for its Kinesia product, a wearable wireless neurodiagnostic system that will help clinicians monitor individuals with movement disorders such as Parkinson’s disease.

NeuroVista Corp., (formerly BioNeuronics) received the award for most promising startup. Though the company has maintained a relatively low public profile, Neurotech Reports editors were sufficiently impressed with the company’s management team, investor base, and intellectual property base, all key factors as this firm develops implantable neuromodulation devices for treating epilepsy and other disorders.

The award for Neurotechnology Researcher of the Year went to Mark Humayun of the Keck School of Medicine at University of Southern California. Humayun has been a key researcher working on the development of a retinal prosthesis and has worked with Second Sight Medical Products to commercialize the device.

The International Neuromodulation Society received the award for most valuable nonprofit organization. The San Francisco, CA-based scientific society publishes the journal Neuromodulation, produces conferences worldwide, and generally helps to spread the message of neurotechnology’s promise. Finally, the award for most useful financial professional went to Nola Masterson of Science Futures Inc. in San Francisco, CA. Masterson has been an active venture capital investor and has helped organize events and outreach efforts promoting neurotechnology.