ReWalk Robotics (NASDAQ: RWLK) shares soared 32% higher following the company’s unveiling of a Restore prototype on Yahoo Finance. Collaborators from Harvard University’s Wyss Institute for Biologically Inspired Engineering joined ReWalk’s CEO Larry Jasinski to showcase the prototype of the soft suit exoskeleton intended to assist stroke survivors and demonstrate how the system works. Delivery of a commercial Restore soft suit is anticipated for 2018. “With the prototype finished, we are eager to begin clinical studies and pursue regulatory approvals so that these systems can be provided to millions of patients who can benefit from access to the device,” CEO Larry Jasinski stated in the news release.
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About ReWalk Robotics Ltd.
ReWalk Robotics Ltd. develops, manufactures and markets wearable robotic exoskeletons for individuals with spinal cord injury. The company’s mission is to fundamentally change the quality of life for individuals with lower limb disability through the creation and development of market leading robotic technologies. Founded in 2001, ReWalk has headquarters in the U.S., Israel and Germany. For more information on the ReWalk systems, please visit www.rewalk.com.
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