• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Elon Musk’s Neuralink receives Canadian approval for brain chip trial

by November 21, 2024
written by November 21, 2024

(Reuters) – Elon Musk’s Neuralink said on Wednesday it has received approval to launch its first clinical trial in Canada for a device designed to give paralysed individuals the ability to use digital devices simply by thinking.

The brain chip startup said the Canadian study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia, or paralysis of all four limbs, to control external devices with their thoughts.

Canada’s University Health Network hospital said in a separate statement that its Toronto facility had been selected to perform the complex neurosurgical procedure.

Regulator Health Canada did not immediately respond to a request for comment.

In the United States, Neuralink has already implanted the device in two patients. The company says the device is working well in the second trial patient, who has been using it to play video games and learn how to design 3D objects.

Founded in 2016 by Musk and a group of engineers, Neuralink is also building a brain chip interface that can be implanted within the skull, which it says could eventually help disabled patients to move and communicate again, and restore vision.

In September, the startup received the U.S. Food and Drug Administration’s “breakthrough device” designation for its experimental implant aimed at restoring vision.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Viatris fined in Morocco over merger notification, sources say
next post
Russian central bank to restrict some new corporate loans as debt burdens climb

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025
    • YouTube will stream NFL Week 1 game in Brazil for free

      May 15, 2025
    • 5 new Uber features you should know — including a way to avoid surge pricing

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (463)
    • Stock (6,426)

    Latest News

    • Netflix says its ad tier now has 94 million monthly active users
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

    Popular News

    • Ripple and Tron: Ripple boosts bullish momentum on Thursday
    • China to step up idle land reclaim to support property market

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy