The best medtech innovations of 2023

2023’s best medtech innovations

Category: Best Startup
Winner: GrayMatters Health

A portrait of GrayMatters Health co-founder and CEO Oded Kraft.

GrayMatters Health co-founder and CEO Oded Kraft [Photo courtesy of GrayMatters Health]

Israel-based GrayMatters Health won FDA 510(k) clearance this year for Prism for PTSD, the first noninvasive, self-neuromodulation adjunct digital therapy for post-traumatic stress disorder.

The startup said it is “the first to use advanced statistical models fusing EEG and fMRI data to develop biomarkers of brain-mechanism-specific activity associated with mental disorders, named EEG-fMRI-Pattern (EFP).”

GrayMatters Health said its products use these biomarkers with an interactive audio/visual interface to help patients regain control over the relevant brain activity.

“Prism for PTSD has the potential to improve the lives of the millions of Americans living with PTSD,” GrayMatters Health co-founder and CEO Oded Kraft said in a news release. “Gaining FDA clearance affirms the value of bringing this innovative and clinically proven, non-invasive technology to mental disorder treatment. We are eager to place Prism in the hands of mental healthcare professionals, in the US and abroad to help patients across the world living with PTSD.”