West Palm Beach, Fla.-based medtech firm NeuX Technologies said it inked a strategic alliance deal with GoX Studio looking to combine their technology platforms to improve treatments for chronic pain and musculoskeletal injuries.
Through the deal, NeuX said it plans to combine its Interactive Neuromuscular Stimulation tech platform with GoX’s SmarWork platform to deliver improved diagnosing, treatment, measurement, monitoring and prevention for chronic pain and injuries, according to a press release.
“Solutions for treating chronic pain and injuries often fail because they treat the symptoms. NeuX’s Interactive Neuromuscular Stimulation technology will transform the industry by being able to identify and treat the cause of the problem,” GoX Studio CEO Joe Hitt said in a prepared statement.
“Lack of accuracy plagues health/fitness wearables and GoX fixes the problem with wearables that have laboratory accurate results without the lab,” NeuX CEO Scott Minniear said in a press release.
The two companies said that a key initiative in the alliance is to collaborate on new product design and development opportunities and increase access to “key technologies” and to enhance property development.