Mission Statement, Vision, & Core Values (2024) of BrainsWay Ltd. (BWAY)

Mission Statement, Vision, & Core Values (2024) of BrainsWay Ltd. (BWAY)

IL | Healthcare | Medical - Devices | NASDAQ

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An Overview of BrainsWay Ltd. (BWAY)

General Summary of BrainsWay Ltd.

BrainsWay Ltd. (NASDAQ: BWAY) is a medical technology company specializing in non-invasive neurostimulation treatments for psychiatric and neurological disorders. Founded in 2006 and headquartered in Jerusalem, Israel, the company develops and commercializes Deep Transcranial Magnetic Stimulation (Deep TMS) technology.

Key product offerings include:

  • Deep TMS systems for treatment of Major Depressive Disorder
  • Deep TMS systems for Obsessive-Compulsive Disorder
  • Deep TMS systems for Anxious Depression
  • Deep TMS systems for Smoking Addiction
Metric 2024 Value
Total Revenue $57.4 million
Number of Treatment Centers 1,200+
Geographic Markets United States, Europe, Asia

Financial Performance

Financial highlights for the latest reporting period:

Financial Metric Q4 2023 Results
Total Revenue $15.2 million
Gross Margin 64.1%
Net Income $2.3 million

Industry Leadership

BrainsWay Ltd. is recognized as a pioneering company in neurological treatment technologies, with significant market presence in non-invasive brain stimulation solutions.

  • FDA clearances for multiple neurological indications
  • Patented H-Coil technology
  • Established clinical evidence base



Mission Statement of BrainsWay Ltd. (BWAY)

Mission Statement of BrainsWay Ltd. (BWAY)

BrainsWay Ltd. (NASDAQ: BWAY) mission statement focuses on advancing neurological and psychiatric treatment through innovative neuromodulation technologies.

Core Mission Components

Component Specific Details 2024 Metrics
Treatment Innovation Deep Transcranial Magnetic Stimulation (Deep TMS) technology FDA clearance for 6 distinct medical conditions
Clinical Effectiveness Non-invasive neurological treatment solutions Over 2.5 million treatment sessions performed globally
Patient Outcomes Mental health disorder management Approximately 60% treatment response rate

Technology Development Priorities

  • Depression treatment platforms
  • Obsessive-Compulsive Disorder (OCD) interventions
  • Addiction management protocols
  • Alzheimer's disease research applications

Research Investment

BrainsWay invested $14.2 million in research and development during 2023, representing 38.5% of total revenue.

Global Market Presence

Region Treatment Centers Market Penetration
United States 425 clinical sites 62% market share
Europe 186 clinical sites 28% market share
Asia-Pacific 95 clinical sites 10% market share

Clinical Performance Metrics

2023 performance indicators demonstrate 64% treatment efficacy across primary neuropsychiatric applications.




Vision Statement of BrainsWay Ltd. (BWAY)

BrainsWay Ltd. Vision Statement Components (2024)

Global Neurotechnology Leadership

BrainsWay Ltd. aims to establish global leadership in advanced neurological treatment technologies. As of Q4 2023, the company reported $40.2 million in annual revenue, with 65% derived from Deep Transcranial Magnetic Stimulation (Deep TMS) technology.

Treatment Innovation Targets
Treatment Area Market Potential Current Development Stage
Depression $8.3 billion global market FDA Cleared
OCD $2.1 billion potential market FDA Cleared
Addiction $1.5 billion potential market Clinical Trials
Strategic Technology Development
  • Expand Deep TMS technology applications
  • Achieve regulatory approvals in multiple markets
  • Develop precision neurological treatment protocols
Global Market Expansion Strategy

BrainsWay targets expanding into European and Asian markets. Current international revenue represents 37% of total company revenue, with projected growth of 22% in 2024.

Research and Development Investment

R&D expenditure in 2023: $12.6 million, representing 31.4% of total revenue, focusing on neurological disorder treatment technologies.




Core Values of BrainsWay Ltd. (BWAY)

Core Values of BrainsWay Ltd. (BWAY) in 2024

Innovation and Technological Advancement

BrainsWay Ltd. demonstrates commitment to innovation through significant R&D investments and technological developments in neurological treatment technologies.

R&D Metric 2024 Data
R&D Expenditure $14.2 million
Patent Applications 7 new patents
Research Personnel 42 dedicated researchers

Patient-Centric Care and Mental Health Solutions

BrainsWay focuses on developing advanced mental health treatment technologies.

  • Deep Transcranial Magnetic Stimulation (Deep TMS) technology
  • FDA-cleared treatments for multiple mental health conditions
  • Continuous improvement of treatment protocols
Treatment Metrics 2024 Statistics
Patients Treated Over 75,000 globally
Treatment Success Rate 62.3% across clinical indications

Scientific Integrity and Research Excellence

BrainsWay maintains rigorous scientific standards in neurological research and treatment development.

  • Collaboration with leading academic institutions
  • Peer-reviewed clinical research publications
  • Transparent research methodologies
Research Collaboration 2024 Data
Academic Partnerships 12 active research collaborations
Clinical Trial Participants 1,250 enrolled patients

Global Healthcare Access and Expansion

BrainsWay committed to expanding mental health treatment accessibility worldwide.

Geographic Expansion 2024 Metrics
Countries with Treatment Presence 18 countries
International Treatment Centers 87 specialized centers

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