The pain device, marketed for a wide range of conditions including arthritis, carpal tunnel syndrome and tendinitis, delivers an electromagnetic field deep into tissues to generate therapeutic heating up to 4 centimeters below the skin’s surface. Equity for the company’s four-pound ReBound device has increased from $500,000 to $850,000 since July.
ReBound, which the company says decreases pain while increasing mobility, comes with several different “therapy garments” that contain heating coils and fit over various body parts.
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