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NeurAxis expands PENFS coverage to 147M lives, adding 26M more under new insurer policy.

Market News
15 Oct 2026
GlobeNewsWire
View Source
Bullish
NeurAxis expands PENFS coverage to 147M lives, adding 26M more under new insurer policy.

NeurAxis, a medical tech company, announced new insurance coverage for its PENFS therapy, IB-Stim, adding access for 26 million more people and bringing total coverage to over 147 million lives. IB-Stim is FDA-cleared to treat functional abdominal pain in patients aged 8 and older, addressing a significant unmet need especially in pediatric patients. The company is expanding its commercial team to capitalize on this growth and expects further coverage gains from major insurers, aiming for increased adoption and revenue growth.

NeurAxis's recent medical policy coverage milestone adds context to the health sector's market activity. For readers following health stocks, here is Pluang's market snapshot as of Oct 15, 2026 19:31 WIB: Among 150 priced health-sector US stocks, 95 rose and 46 fell today. Takeda Pharmaceutical (TAK) rose 2.58% to USD 19.50 with a typical hold time of 6 days, DexCom (DXCM) gained 2.52% to USD 85.57 with 100% buy orders and a typical hold time of 62 days, while Tilray Brands (TLRY) declined 2.55% to USD 3.06 despite 84% buy orders and a longer typical hold time of 31 days.

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