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Electroceuticals: Drug-Like Effects, Without The Drugs

Electroceuticals could replace the use of pharmaceuticals in many chronic diseases, offering effective treatments without, perhaps, side effects. Medtechs pioneering these next-gen neuromodulation devices are sparking investor interest.

Migraine pills, obesity surgery, and masks for sleep apnea might soon face electrifying competition. A new group of companies is developing devices to treat these illnesses with minute electrical pulses delivered to the nervous system. Called, variously, electroceuticals, bioelectronic medicines, or functional stimulation devices (the terminology is in flux), these devices in early studies have appeared to halt cluster headaches, cause remissions in rheumatoid arthritis patients, even restore partial sight to the blind. Interest in them is keen and growing.

Electroceuticals are next-generation neuromodulation devices. As with classic neuromodulators, such as LivaNova PLC’s implantable vagus-nerve stimulator for epilepsy or depression, or Medtronic PLC’s deep-brain stimulator for movement disorders,...

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