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NuXcel is a medical device accelerator that incubates and spins off companies rather than developing clinical programs directly. The company has successfully spun off three startups in neuromodulation: ShiraTronics (clinical stage, US FDA trial in progress for chronic migraine), Avivomed (clinical stage, feasibility trial in progress), and iVEAcare (currently under stealth mode). These three spin-offs have collectively raised approximately $100M in Series A financings.
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