MyndTec (MYTC) Stock Overview

MyndTec Inc., a medical technology company, researches, develops, and distributes therapies for individuals with paralysis due to stroke or spinal cord injury in Canada and the United States. Its flagship product is MyndMove, a patented and proprietary functional electrical stimulator that applies advanced principles of neuroplasticity and functional electrical stimulation to assist patients with paralysis of the arm and hand to make lasting gains in the recovery of natural and voluntary movement. The company offers MyndMove or MyndSearch devices to clinics and research institutions, as well as sells device parts or treatment supplies. It serves hospitals through direct sales, as well as a network of distributors. The company was formerly known as Simple Systems Inc. and changed its name to MyndTec Inc. in April 2013. MyndTec Inc. was incorporated in 2008 and is headquartered in Mississauga, Canada.