Myomo Inc. unveils presentation highlighting wearable robotics for upper limb paralysis and Medicare reimbursement expansion

Reuters
2025.11.18 16:58
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Myomo Inc. has released an investor presentation highlighting its strategic position in the wearable medical robotics market, focusing on the MyoPro myoelectric orthosis for upper limb paralysis. The presentation covers expanded Medicare reimbursement, approvals in Germany and Australia, and new distribution channels. Updated reimbursement rates under HCPCS codes L8701 and L8702 are set for January 2025. The company sees a substantial market opportunity due to an expanded addressable population and global reimbursement efforts.

Myomo Inc. has released a new investor presentation outlining its strategic positioning in the wearable medical robotics market. The company highlights the MyoPro myoelectric orthosis as a first-mover in addressing upper limb paralysis caused by conditions such as stroke, nerve injury, and neurological diseases. The presentation details recent developments in insurance reimbursement, including expanded access through Medicare Part B and approvals from health insurance providers in Germany and Australia. Myomo also discusses its direct provider business and new distribution channels, noting that Medicare Advantage plans are now required to follow Medicare coverage guidelines. Updated reimbursement rates for the MyoPro under HCPCS codes L8701 and L8702 are included, with effective fees set for January 2025. The company identifies a substantial market opportunity due to an expanded addressable population and ongoing global reimbursement efforts. You can access the full presentation through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Myomo Inc. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here