BrainsWay to Supply Deep TMS Systems to Southern California Psychiatric Group

08:38 AM EDT, 10/19/2026 (MT Newswires) -- BrainsWay (BWAY) said Monday it signed a collaboration agreement with Inland Psychiatric Medical Group covering an order for multiple Deep TMS brain stimulation systems for the Southern California group's clinics. The two companies will also explore joint scientific and clinical research projects, the company said. Deep TMS sends magnetic pulses to brain structures through a helmet-worn coil and is cleared by the US Food and Drug Administration for major depressive disorder, obsessive-compulsive disorder, and smoking addiction, BrainsWay added.