Brain Scientific (OTCQB: BRSF), a commercial-stage medical device and software company focused on neurology, recently announced its entry into a definitive merger agreement to acquire Piezo Motion Corp., a leading innovator of high-precision piezoelectric motion technology. The merger is anticipated to expand the market footprint both for Brain Scientific and Piezo Motion, as well as the potential to deliver innovative technologies to high-growth sectors. Dr. Baruch Goldstein, founder of Brain Scientific, was quoted in a recent article as saying, “Together, we plan to achieve rapid expansion while delivering and developing the new generation of MedTech solutions for the brain diagnostics market, including innovative products for long-term monitoring and brain e-tattoo. This combination offers a significant opportunity to be part of a company well-positioned for growth.”
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About Brain Scientific Inc.
Brain Scientific is a commercial-stage health-care company with two FDA-cleared products, providing next-gen solutions to the neurology market. The company’s smart diagnostic devices and sensors simplify administration, shorten scan time and cut costs, allowing clinicians to make rapid decisions remotely and bridge the widening gap in access to neurological care. To learn more about the company’s corporate strategy, devices or for investor relations, visit www.BrainScientific.com.
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