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Category Archives: Tms

Effects of repetitive transcranial magnetic stimulation | NDT – Dove Medical Press

Posted: May 27, 2021 at 8:06 am

Introduction

Major depressive disorder is the most common psychiatric disorder and the leading cause of disability,1 affecting approximately 322 million people worldwide.2 Although the disorder is characterized by depressed mood, the role of cognitive deficits in the development and maintenance of depression pathophysiology has been increasingly recognized.35 Cognitive impairments have been associated with therapeutic response, risk of relapse, quality of life and occupational outcomes and remained, at least partially, present in remitted subjects.6,7

The cognitive neuropsychological model of depression conceptualizes cognitive deficits as two systems including cold and hot cognition that rely on distinct, but interacting brain circuits.4,5 Cold cognition refers to emotion-independent information processing that can be measured with common neuropsychological tests. A meta-analysis demonstrated impaired cold cognition in depressed subjects in the domains of executive function, working memory and attention.6 Convergent neuroimaging research has linked these impairments to abnormal activity and connectivity within the cognitive control network.8,9 Hot cognition, on the other hand, refers to emotion-laden information processing that can be measured with tasks that are reactional to emotional stimuli or contain feedback that induces a certain emotional state.4,5 Research has shown negative emotional and reward biases on tasks that rely on hot cognition in depressed subjects,10,11 which has been associated with increased activity and connectivity within the default mode network (DMN)9,1113 and between the DMN and limbic regions.13 Cold cognition can be affected by hot cognition through catastrophic responses to feedback and rumination at the cost of engaging with the external world.3,13 Additionally, due to impaired top-down control of the cognitive control network on the DMN, negatively biased thoughts have free reign and may self-reinforce negative cognitive schemata by primarily drawing attention to emotion-eliciting details or appraisals that are congruent with negative expectations and beliefs.35 In other words, the combination of attenuated top-down cognitive control and increased bottom-up emotional processing can be mutually reinforcing and perpetuate depressive symptoms.3

Based on this theoretical framework, it has been suggested that remediation of cognitive impairments may be a valuable treatment target for depression.4,6 A treatment that has shown both enhancing effects on cognition14,15 and antidepressant effects is repetitive transcranial magnetic stimulation (rTMS) to the dorsolateral prefrontal cortex.16 This non-invasive focal neurostimulation treatment has been approved by the US Food and Drug Administration for the treatment of medication-refractory depression17 and is believed to relieve core cognitive and affective symptoms by directly and indirectly targeting pathological brain networks.8,18 Although rTMS has been associated with improved working memory,15 executive function,19 attention,20 and processing speed,21 not all studies observed changes in cognition. Further, generalization of results across studies has been complicated by the large variability in stimulation protocols and cognitive tasks.21 As most studies only compared cognitive performance in one cognitive domain at two timepoints, pre-treatment versus post-treatment,20 several questions remain unanswered. First, how are different cognitive domains affected by rTMS in medication-refractory depressed subjects? Second, is cognitive change a linear process? Third, are rTMS-induced cognitive changes sustainable beyond one full course of treatment?

To fill these gaps in the literature, the current single-arm prospective study examined the effects of high-frequency rTMS targeting the left dorsolateral prefrontal cortex over the course of eight weeks (baseline, week 2, 4, 8) in the domains of executive function, memory and attention.6,9,15 Based on the literature,6,19,20 we hypothesized that stimulating the left dorsolateral prefrontal cortex would result in cognitive improvement in all tested domains due to direct excitatory effects on one of the key regions of the cognitive control network.22,23 Further, it was hypothesized that rTMS responders would show larger improvements in cold cognition over time than nonresponders because the restored ability to diminish DMN activation would indirectly improve performance due to reduced bottom-up emotional interference during cognitive tasks.3,4

Twenty-two participants that participated in another ongoing study (ClinicalTrials.gov: rTMS response trajectories in depression, NCT03348761) were approached to obtain written informed consent for participation in the current study. The study was approved by the Joint Chinese University of Hong KongNew Territories East Cluster Clinical Research Ethics Committee and in line with the Helsinki Declaration of 1975, as revised in 2008. Participants were between 18 and 64 years old, right-handed, diagnosed with a Diagnostic and Statistical Manual of Mental Disorders - Fourth edition (DSM-IV) diagnosis of major depressive disorder, had a score of >20 on the Montgomery-sberg Depression Rating Scale (MADRS),24 had failed to respond adequately to at least one full course of antidepressant medication (>6 weeks), were medication intolerant, or had a stable medication regime with insufficient clinical improvement. Participants were excluded from the study if they had a history of significant head trauma, neurological disorders, active abuse of alcohol or illegal substances, current psychotic symptoms, suicide ideation or recent suicide attempts, other primary DSM-IV Axis I and II psychiatric diagnoses, contraindications to magnetic resonance imaging (eg pacemaker, metal implant, pregnancy) or rTMS, or having undergone electroconvulsive therapy in the preceding year.

Demographic and clinical characteristics were extracted from the primary study including age, gender, level of education, handedness, age at onset of first depressive episode, the total number of depressive episodes, level of treatment resistance25 and medication type. Medication did not change throughout the entire course of the study. An IQ assessment using the short form of the Wechsler Adult Intelligence Scale Fourth Edition (Hong Kong)26 was administered by an independent psychologist to ensure similar intelligence levels for responders and nonresponders. Baseline and follow-up assessments consisted of a selected neuropsychological test battery and depressive symptom measures and were performed 710 days before the start of the intervention (baseline), at the end of the second week of treatment (week 2), at the end of the treatment (week 4) and four weeks post-treatment (week 8).

Five subtests of the Cambridge Neuropsychological Test Automated Battery (CANTAB; Cambridge Cognition, Cambridge, UK) were administered by two of the authors (HYC or WSH) who were blinded to all baseline and clinical outcomes. CANTAB is a touchscreen computer-based non-verbal neuropsychological test battery that has greater precision than traditional paper-and-pencil assessments because of the automated data collection, standardized recording and scoring. The test battery was based on the meta-analytical findings from Rock and colleagues showing significant moderate cognitive deficits in executive function, memory and attention in depressed subjects compared to healthy controls (Cohens d effect sizes ranging from 0.34 to 0.65).6 The battery consisted of the One Touch Stockings of Cambridge (OTS), Spatial Working Memory (SWM), Delayed Matching-to-Sample (DMS), Paired Associates Learning (PAL), and Rapid Visual Information Processing (RVP) task. Practice effects were minimized with parallel modes and stimuli randomization within and across subjects. The entire battery was piloted in depressed subjects outside the study to ensure completion within one hour. A summary of each subtest is described below, detailed descriptions of the tasks and outcome measures can be found at https://www.cambridgecognition.com/cantab/cognitive-tests/ and Table S1, respectively.

OTS is a test of executive function that assessed spatial planning and working memory subdomains. Two displays containing three colored balls were presented. Participants had to move the balls in the lower display to copy the pattern in the upper display. The primary outcome measures were the number of problems solved on the first choice and the median latency to first choice.

SWM is a self-ordered test that assessed the retention and manipulation of visuospatial information. The test started with colored boxes on the screen. Participants had to search for the yellow tokens to fill up an empty column using a process of elimination. The outcome measure was the number of new strategies: the number of times a subject started a new search pattern from the same box as the previous trial; lower scores indicate higher strategy use.

The DMS is a perceptual matching and delayed visual memory test that measured visual recognition memory. Participants were presented with a target stimulus. After a short delay varying from 0, 4 or 12 seconds, the target stimulus was shown along with novel alternatives. Participants were instructed to select the stimulus that matched the target stimulus. The outcome variable was the percentage of correct solutions calculated across all trials containing a delay.

PAL is a test that assessed visual memory and new learning. The participants were presented with boxes, of which one or more contained a pattern. The patterns were displayed one by one in the middle of the screen and participants were instructed to point out the box where the pattern was originally located. As the task progressed, the number of patterns gradually increased up to eight. The total number of errors and first attempt memory score served as the main outcome parameters.

The RVP measured sustained attention. In the center of the screen, digits appeared (from 29) in random order at a rate of 100 digits per minute. Participants were instructed to detect patterns of number target sequences (eg 2-4-6) and respond as quickly as possible when the target sequence appeared by using the press pad. The primary outcome measures of this test were the median response latency on correct trials and A-Prime which is the signal detection measure of sensitivity to the target regardless of response tendency. A-Prime ranges between 0 and 1; higher scores indicate better performance.

The MADRS,24 Hamilton Depression Rating Scale,27 Clinical Global Impression scale,28 and Global Assessment of Functioning score29 were administered by a research psychiatrist (SMSC) at different time points. Further, the Chinese version of the Beck Depression Inventory II,30 a self-report questionnaire, was completed by participants. Clinical response was defined as 50% reduction in MADRS symptom scores at week 8. The MADRS consists of ten items rated on a 06 continuum (0 = no abnormality, 6 = severe).

Participants received 20 sessions of neuronavigated high-frequency rTMS treatment targeting the left dorsolateral prefrontal cortex over four weeks. Individual sessions consisted of 30 minutes of 10 Hz rTMS (3000 pulses; 30-second cycles, 5 seconds on, 25 seconds off). A Magstim Super-Rapid device was used with a 70-mm figure-of-eight double air film coil (Magstim Ltd, Whitland, UK) and manually centered at Montreal Neurological Institute coordinates X=46, Y=45, Z=38 using Brainsight TMS neuronavigation (Rogue Resolutions Ltd, Montreal, Canada). Coordinates were based on a neuronavigated rTMS study by Fitzgerald and colleagues (2009) that showed enhanced response to rTMS compared to localization with the 5-cm technique.31,32 Resting motor threshold was defined as the minimum TMS intensity that elicited a motor-evoked potential of 50V peak to peak in the contralateral abductor pollicis brevis in 5 out of 10 trials. The motor threshold was measured before the first treatment and after 10 sessions. Stimulation output was 120% of the motor threshold. Treatments were delivered by certified TMS experts (SMSC and HJH).

Longitudinal changes in the CANTAB measures were modeled using (generalized) linear mixed models ((G)LMM). Outliers were removed if the outcome values were 1.5 times the interquartile range above the upper quartile or below the lower quartile. As performances can be assumed to naturally differ between subjects during baseline, a random intercept was included. Initially, random slopes were also included to represent different temporal patterns of change in performance but subsequently discarded due to a lack of model improvement. As change is rarely truly linear, second-order polynomial terms were incorporated to capture potential non-linear changes. A stepwise approach was applied, where fixed effects were subsequently added to the model including time in weeks since baseline (4 levels: 0, 2, 4, 8), quadratic time in weeks since baseline (4 levels: 0, 4, 16, 64), group (2 levels: nonresponders, responders), and their interactions (time x group, quadratic time x group). The analyses were controlled for variables that differed between responders and nonresponders at baseline including age and BDI baseline scores (Table 1). Categorical treatment response was defined as 50% change in MADRS symptoms score. The nonresponder group was treated as the reference group. Different models were constructed for each dependent variable: OTS median latency, OTS number of perfect solutions, SWM strategy, DMS percentage of correct solutions, PAL first attempt memory score, PAL number of errors, RVP median latency, RVP A-Prime. LMMs assuming Gaussian response were used to model changes in percentages and reaction times. GLMMs assuming Poisson response were used to model count data such as the number of errors and number of perfect solutions.33 Several parameters were used to determine the best model fit, including Akaikes (AIC) and Bayesian Information Criteria (BIC) using a smaller is better criterion, and log likelihood ratio test, which is distributed as 2 with degrees of freedom equal to the number of parameters added. As maximum likelihood and restricted maximum likelihood revealed similar results, only the maximum likelihood results were reported. Structures in the residuals (ie heteroscedasticity and autocorrelation) were examined using the variance functions and correlation structures in the nlme package.34 Statistical analyses were performed by HJH and carried out in R version 3.6.1 using the nlme (version 3.1150), lme4 (version 1.125), and glmmTMB (version 1.0.2.1) packages. Since most CANTAB measures except for OTS median latency and RVP median latency have population norms, LMMs were also performed with the Z-scores for each outcome measure as outcome variable to examine whether that would influence the results. Normative Z-scores were adjusted for age, gender, and education. Given that the normative data were based on a healthy sample at a single time-point, Cambridge Cognition discourages the use of normative data to examine change over time on their website (https://www.cambridgecognition.com/blog/entry/research-study-design-control-groups-or-normative-data-comparison). Nevertheless, normative data can provide information about cognitive performance at baseline compared to a non-clinical sample. Therefore, one-sample t-tests with Bonferroni correction (p = 0.05/6 = 0.008) for the Z-scores at baseline were performed to examine whether cognitive impairments were present at baseline.

Table 1 The Means, Standard Deviations, Minimum and Maximum Values of the Demographic, Clinical and Intelligence Measures at Baseline for All Subjects and by rTMS Treatment Response Status

Socio-demographic, clinical and intelligence measures at baseline are summarized in Table 1. Nonresponders were significantly younger and reported higher subjective depressive scores (BDI-II) than responders at baseline. No differences were observed in gender, education, clinical and depression scores administered by a psychiatrist, and the WAIS intelligence measure. None of the subjects dropped out of the study, but a feed-forward approach was applied for one subject whose week 8 cognitive measures could not be collected. Further, missing data resulting from outlier removal varied from 0 to 11.36%. Mean and standard deviations of the cognitive outcome measures are presented in the supplemental information (Table S2). Symptom score trajectories are shown in Figure 1A showing a linear decrease until week 4 which remained stable until week 8. (G)LMMs revealed no changes in performance on three of the five subtests, including SWM, DMS, and PAL (Table S3). The LMMs that modeled OTS and RVP performance over time revealed significant effects. Since the LMMs results were identical for the raw and normative Z-scores, only LMMs for the raw scores are presented.

Figure 1 Panel (A) Line graph illustrating identical change over time for three clinical measures, including the Beck Depression Inventory-II, Montgomerysberg Depression Rating Scale, and Hamilton Depression Rating Scale; symptom scores decreased until week 4 and remained fairly stable until week 8. Panel B/C: Graphs illustrating the means, standard errors, individual datapoints and modeled trajectories for responders and nonresponders. Panel (B) shows significant linear decrease in OTS median latency over the course of 8 weeks, but no significant group differences were observed. Panel (C) shows a main effect of time and group-by-time interaction on RVP A-Prime, controlled for baseline differences in age and BDI scores, over the course of 8 weeks; responders showed significant larger improvements over time than nonresponders and performance stabilized after the last rTMS session for both groups. The clinical measures showed the reversed pattern of the RVP A-Prime trajectories, suggesting that clinical and cognitive improvement in sustained attention occurred concurrently.

OTS median latency to first choice was modeled with an LMM with a Gaussian distribution. Change in performance was best captured with a linear model that allowed individuals to vary randomly on the intercept. Adding the effect of group controlled for age and BDI baseline scores did not improve model fit, indicating similar baseline performance and performance trajectories in responders and nonresponders. However, adding a power variance structure reduced heteroscedasticity and improved model fit (2 (1) = 32.04, p < 0.001; Table S4). The fixed effect parameter estimates, standard errors and model summaries are presented in Table 2; the final model showed that the median latency to first choice was 14.93 seconds at baseline and decreased by 0.43 seconds per week, even after the end of the treatment (p < 0.001, Figure 1B). Diagnostic plots indicated normality of random effects and residual errors. No significant changes over time were observed for the number of perfect solutions (Table S3).

Table 2 Linear Mixed Model Results of the One Touch Stockings of Cambridge (OTS) Median Latency in Seconds (n = 22, Observations = 86)

The overall time course for change in RVP A-Prime was best captured with a second-order polynomial LMM with Gaussian distribution that allowed individuals to vary randomly on the intercept. Model comparisons showed that the effect of Group controlled for age and BDI scores on the intercept did not improve model fit (2 (3) = 2.73, p = 0.43), indicating no differences between rTMS responders and nonresponders in performance at baseline. However, the effect of rTMS response on both the linear and quadratic term did improve model fit (2 (5) = 16.56, p < 0.01), indicating that the change in RVPA A-Prime over time differed between the two groups. Adding error structures did not improve model fit (Table S4). Diagnostic plots suggest approximate normality of random effects and residual errors. Table 3 shows the fixed effect parameter estimates, standard errors and model summaries. Figure 1C illustrates the main effect of time and the group-by-time interaction, indicating that all subjects showed initial improvement in RVP A-Prime. However, this increase was larger for the responder group until week 4, after which RVP A-Prime stagnated until the end of the study for both groups. The clinical measures showed the reversed pattern of the RVP A-Prime trajectories, suggesting that clinical and RVP A-Prime improvement occurred concurrently (Figure 1A and C). No significant changes over time were observed for RVPA Median Latency (Table S3).

Table 3 Linear Mixed Model Results of the Rapid Visual Information Processing (RVP) A-Prime (n = 22, Observations = 86)

The normative data are presented in Figure S1 and provide information about the cognitive performance relative to non-clinical norms. One-sample t-tests with Bonferroni correction indicated that two of the six measures were significantly impaired including RVP A-Prime and SWM strategy. The mean RVP A-Prime Z-score was 0.62 (SD = 1.03), t(21) = 2.81, p < 0.01, CI = 1.08 to 0.16, one-sided. The mean SWM strategy Z-score was 0.40 (SD = 0.27), t(20) = 6.71, p < 0.001, CI = 0.53 to 0.28, one-sided.

The objective of this study was to examine the effects of rTMS clinical response on cold cognition over the course of 8 weeks across three cognitive domains including executive function, memory, and attention. The results showed that responders and nonresponders only showed different performance trajectories in the domain of sustained attention (RVP A-Prime). Furthermore, improvements in cognitive function, irrespective of responder status, were observed in the domain of executive function (OTS median latency). Finally, no cognitive deterioration and drop-outs were observed in this study, substantiating the safety and tolerability of rTMS treatment in medication-refractory depression. Here, we interpret and describe the significance of our findings.

The RVP is a serial detection task that primarily requires sustained attention, but also involves stimulus discrimination, a motor response, and recruitment of working memory processes to ensure that the correct target is identified.35 Changes over time were only observed for the A-Prime but not the median latency outcome measure, indicating changes in the ability to detect target sequences but not processing speed. The linear and quadratic effects corresponded to linear improvement during the treatment phase which stagnated during the follow-up phase. Further, the group-by-time interaction revealed a larger increase in A-Prime in responders than nonresponders. These results support our hypotheses in the domain of sustained attention showing 1) cognitive improvement, irrespective of rTMS response status, and 2) larger improvement in responders than nonresponders. Our findings suggest that rTMS (partially) restored the previously inefficient top-down cognitive control of the DMN, indirectly resulting in more efficient DMN suppression that allowed subjects to direct attentional resources more efficiently to external goal-directed tasks such as the RVP.23

Nevertheless, caution is required regarding the interpretation of the shape of the trajectories, because the stagnation in the responder group could also be the result of a ceiling effect as a large proportion of the responders reached A-Prime values near the maximum possible upper limit by week 4 (M = 0.944, SD =0.045). However, since nonresponders and symptom score trajectories showed similar stagnation after week 4, improvements were presumably induced by rTMS. However, it would be interesting to examine whether larger improvements in cognition and mood could be achieved by increasing the number of treatment sessions; some patients may not have reached their full potential as the number of TMS sessions were on the lower end of the standard clinical recommendations of 2030 sessions.36 Our findings further suggest that clinical and cognitive improvements in sustained attention occur concurrently, but unfortunately it was not possible to infer causation because measurements were not frequent enough. Finally, no changes were observed between week 4 and week 8, indicating that the improvements last at least up to 4 weeks post-treatment. Future work should include a control group to distinguish between rTMS-induced effects and practice effects.

The OTS is a test of executive function which assessed spatial planning and working memory domains. The current study revealed a significant main effect of time, showing a linear decrease in median latency to first choice over the course of eight weeks for all subjects. However, the number of perfect solutions did not improve over time, indicating that subjects achieved similar accuracy levels in less time. These findings can be interpreted in two ways, either better performance due to excitatory stimulation of the cognitive control network or practice effects. Future work should include a healthy control group to provide a definite answer.

Most of the outcome measures did not change over time. A recent meta-analysis revealed that deficits in selective attention, working memory and long-term memory persisted after subjects achieved remission and worsened with repeated episodes.37 Given that our sample showed high levels of treatment-refractoriness, we initially assumed that cognitive impairments were most likely trait markers of medication-refractory depression. However, compared to healthy normative subjects, cognitive impairments were only observed on two of the six outcome measures. There could be two explanations: 1) cognitive impairments were not present in some cognitive domains or 2) cognitive impairments could not be measured on a behavioral level. Goldstein and colleagues9 described, for example, two types of cognitive control network abnormalities in depressed subjects including hypo-activity and hyper-activity of the dorsolateral prefrontal cortex. Hypo-activity during task conditions was associated with cognitive deficits, whereas hyper-activation was interpreted as a compensation mechanism to retain normal cognitive behavior when task demands increased. Convergently, the subjects in this study were included regardless of whether the DSM-IV criterion of a diminished ability to think or concentrate was met.38 Although the relationship between subjective and objective cognitive impairments remains unclear, one may speculate that this somewhat conservative approach to uncover the effects of rTMS on cognition potentially resulted in an inflated type II error as improvements are more difficult to detect if cognitive deficits were not present.39 Future longitudinal controlled neuroimaging studies are needed to investigate whether minimal cognitive improvements induced by rTMS indicate trait markers, an inflated type II error due to a lack of cognitive deficits, and/or difficulties to reveal deficits due to potential neurological compensation mechanisms.

However, the question remained why an interaction effect was only observed on the RVP A-Prime outcome measure. One aspect that distinguished the RVP from the other tasks was that it required attention over a prolonged period. According to the Perceptual Load Theory, success or failure of selective and sustained attention depends on the processing demands of the task.40 Research has shown that distractions were more likely to occur during tasks with low perceptual complexity and demands, whereas distractions could be prevented by increasing the perceptual complexity of a task.40 We hypothesized that the low perceptual complexity of the RVP task could have affected nonresponders disproportionately due to a higher susceptibility to negatively biased bottom-up emotional interference and motivational deficits.3,4 Although our sample size did not allow for mediation analysis, post hoc two-way ANOVA results indeed revealed higher levels of rumination41 in nonresponders compared to responders (see supplemental information for details). Future work should further explore the potential mediation effects of rumination on tasks with low perceptual complexity compared to higher perceptual complexity to verify our hypothesis.

One of the strengths of the current study is that cognitive performance was examined four times over a period of eight weeks using (generalized) LMMs. This method is robust to missing and unbalanced data, takes into account different spacing in time between measurements, and allows modeling of linear and nonlinear change, providing insight about 1) when changes in cognition occurred, and 2) whether change continued, stagnated or reversed after the end of a full course of rTMS treatment.

However, several confounding factors may have contributed to our findings. Responders were significantly older and reported more subjective symptoms than nonresponders. Although analyses were controlled for these differences by adding age and BDI scores at baseline to the models, complex interactions between age, subjective symptom scores, rTMS response and cognitive outcome could not be examined because of the limited sample size. Given that aging is associated with a decline in brain volume after the age of twenty with the most pronounced effects in the frontal and temporal lobes,42 it could be speculated that rTMS may affect cognition differently across the lifespan. Convergent to our findings, a deep TMS study showed better treatment response in older subjects, even though baseline cognitive performance of responders did not differ or tended to be inferior to nonresponders on several tasks.43 In contrast, a systematic review that focused on executive functions did not reveal age-related rTMS effects,19 while a recent study that examined cognitive control using a Stroop color-word interference task observed complex interaction effects.20 Accuracy improvements occurred selectively in the incongruent condition for the responder group, with the strongest benefit in older subjects.20 An interesting future direction would be to directly compare different age groups across the same neuropsychological test battery to elucidate complex interactions of the effects of rTMS on different cognitive domains and aging. Although a motor screening task was not part of the neuropsychological battery, we are confident that the results presented in this paper are not confounded by the effect of age on lower-order cognitive functions or familiarity with technology such as tablets because 1) the two reaction time measures (OTS and RVP median latency) did not reveal group differences, 2) the normative data (Z-scores adjusted for age, gender and education level) showed a similar interaction effect between time and group on the RVP A-Prime outcome variable, 3) if younger subjects had an advantage over older subjects because of higher familiarity with technology, better performance in younger subjects (ie the nonresponders group) would be expected while the opposite was observed; responders showed larger improvement over time than nonresponders. Finally, psychiatric medications have been associated with both cognitive impairment and cognitive improvement in depressed subjects.44 However, due to the limited sample size, the interaction between psychiatric medication and the effect of rTMS on cognition was beyond the scope of this paper. Despite this, we believe our findings are valuable because medication type and dose remained stable during the study, which mimics real-world situations where rTMS can be applied as either augmentation to ongoing pharmacotherapy or as a solitary method of treatment.

Clinical response to rTMS was associated with larger improvements in the domain of sustained attention. Our findings are in line with the perceptual load theory, suggesting that distractions during tasks with low perceptual complexity affected nonresponders disproportionately possibly due to higher ruminative levels. Further, no cognitive deterioration and drop-outs were observed in this study, substantiating the safety and tolerability of rTMS treatment in medication-refractory depression. Future work should increase the sample size and include a control group to elucidate complex interactions between rTMS response, age, and medication on cognition over time, and examine whether rumination levels can serve as a mediator in tasks with low perceptual complexity and demands.

To enhance the transparency of our research process, all data and code supporting the findings of this study are available at Mendeley Data: Hopman, Helene (2021), Dataset: The effects of rTMS antidepressant response on cold cognition, Mendeley Data, V5, doi: 10.17632/hnxt5gzrg8.5.

This work was supported by the Research Grant Council, Hong Kong [GRF 14101714]. The funding source was not involved in the study design, data collection, data analysis, data interpretation, writing of the report, and in the decision to submit the article for publication.

All authors made a significant contribution to the work reported, whether that is in the conception, study design, execution, acquisition of data, analysis and interpretation, or in all these areas; took part in drafting, revising or critically reviewing the article; gave final approval of the version to be published; have agreed on the journal to which the article has been submitted; and agree to be accountable for all aspects of the work.

Sau Man Sandra Chan is an editorial board member of the journal of Neuropsychiatric Disease and Treatment and reports grants from Research Grants Council, Hong Kong during the conduct of the study. The authors reported no other potential conflicts of interest for this work.

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23. Sheline YI, Barch DM, Price JL, et al. The default mode network and self-referential processes in depression. Proc Natl Acad Sci. 2009;106(6):19421947. doi:10.1073/pnas.0812686106

24. Montgomery SA, sberg M. A new depression scale designed to be sensitive to change. Br J Psychiatry. 1979;134(4):382. doi:10.1192/bjp.134.4.382

25. Thase ME, Rush AJ. When at first you dont succeed: sequential strategies for antidepressant nonresponders. J Clin Psychiatry. 1997;58(13):2329.

26. Wechsler D. Wechsler Adult Intelligence Scale. 4 ed. 2014.

27. Hamilton M. A rating scale for depression. J Neurol Neurosurg Psychiat. 1960;23(1):5663. doi:10.1136/jnnp.23.1.56

28. Guy W. ECDEU Assessment Manual for Psychopharmacology. Rockville, MD: Department of Health, Education, and Welfare; 1976.

29. Del Barrio V. Diagnostic and Statistical Manual of Mental Disorders. 4th ed. Washington, DC: American Psychiatric Association Publishing; 2016. DOI:10.1016/B978-0-12-809324-5.05530-9

30. Zhang Y, Wang Y, Qian MY. Reliability and validity of the Beck Depression Inventory (BDI) examined in Chinese samples [In Chinese]. Chinese Ment Heal J. 1990;4:2226.

31. Fitzgerald PB, Hoy KE, McQueen S, et al. A randomized trial of rTMS targeted with MRI based neuro-navigation in treatment-resistant depression. Neuropsychopharmacology. 2009;34(5):12551262. doi:10.1038/npp.2008.233

32. Fox MD, Buckner RL, White MP, Greicius MD, Pascual-Leone A. Efficacy of transcranial magnetic stimulation targets for depression is related to intrinsic functional connectivity with the subgenual cingulate. Biol Psychiatry. 2012;72(7):595603. doi:10.1016/j.biopsych.2012.04.028

33. Mirman D. Growth Curve Analysis and Visualization Using R. Boca Raton: CRC Press; 2014.

34. Pinheiro J, Bates D, DebRoy S, Sarkar D, R Core Team. {nlme}: linear and Nonlinear Mixed Effects Models; 2020. Available from: https://cran.r-project.org/package=nlme. Accessed April 29, 2021.

35. Neale C, Johnston P, Hughes M, Scholey A. Functional activation during the rapid visual information processing task in a middle aged cohort: an fMRI study. PLoS One. 2015;10(10):120. doi:10.1371/journal.pone.0138994

36. Perera T, George MS, Grammer G, Janicak PG, Pascual-leone A, Wirecki TS. Brain Stimulation The Clinical TMS Society Consensus Review and Treatment Recommendations for TMS Therapy for Major Depressive Disorder. Brain Stimul. 2016;9(3):336346. doi:10.1016/j.brs.2016.03.010

37. Semkovska M, Quinlivan L, OGrady T, et al. Cognitive function following a major depressive episode: a systematic review and meta-analysis. Lancet Psychiatry. 2019;6(10):851861. doi:10.1016/S2215-0366(19)30291-3

38. Vinet L, Zhedanov A. A Missing Family of Classical Orthogonal Polynomials. 4th ed. Washington, DC: American Psychiatric Association; 2011. DOI:10.1088/1751-8113/44/8/085201

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43. Levkovitz Y, Harel EV, Roth Y, et al. Deep transcranial magnetic stimulation over the prefrontal cortex: evaluation of antidepressant and cognitive effects in depressive patients. Brain Stimul. 2009;2(4):188200. doi:10.1016/j.brs.2009.08.002

44. Prado CE, Watt S, Crowe SF. A meta-analysis of the effects of antidepressants on cognitive functioning in depressed and non-depressed samples. Neuropsychol Rev. 2018;28(1):3272. doi:10.1007/s11065-018-9369-5

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BrainsWay Announces First of its Kind Positive Coverage Policy by Centene for the Treatment of OCD – GlobeNewswire

Posted: at 8:06 am

CRESSKILL, N.J. and JERUSALEM, May 24, 2021 (GLOBE NEWSWIRE) -- BrainsWay Ltd. (NASDAQ & TASE: BWAY) (BrainsWay or the Company), a global leader in advanced noninvasive neurostimulation treatments for mental health disorders, today announced that Centene Corporation has published a positive coverage policy for Deep Transcranial Magnetic Stimulation (TMS) treatment of obsessive-compulsive disorder (OCD) using the BrainsWay Deep TMS system. Centene provides coverage to about 25 million members in all 50 states, including Medicaid and Medicare members, as well as to individuals and families served by the Health Insurance Marketplace, the TRICARE program, and commercial insurance.

Centenes new policy specifies that coverage will be exclusive for the treatment of OCD utilizing Deep TMS, which is a form of therapy solely associated with BrainsWays patented H-Coil technology. This decision follows Centenes review of an extensive body of published, clinical evidence demonstrating the safety and effectiveness of Deep TMS for OCD, including both pilot and pivotal placebo-controlled, multicenter trials, as well as real-world, post-marketing data.

BrainsWays H7-Coil is designed to penetrate deeper and more medial to stimulate the structures of the brain associated with OCD. The Companys Deep TMS system received De Novo clearance from the U.S. Food and Drug Administration (FDA) for the treatment of OCD in late 2018, and was launched for full market release in 2019. As of March 31, 2021, 225 OCD coils had been shipped as add-on helmets to certain of BrainsWays systems.

It is exciting to achieve this critical milestone after having come so far since the first patients were treated during our pilot study, said Aron Tendler, MD, Chief Medical Officer of BrainsWay. OCD is a difficult to treat disease with limited options, and many patients with OCD are treatment-resistant. While this product has been commercially available, the access to meaningful reimbursement should vastly expand access to this potentially life-changing technology.

The establishment of this positive Deep TMS coverage policy is the first of its kind for OCD in the broader TMS space. The economic burden on the U.S. healthcare system for OCD treatments is over $7 billion per year. I am pleased that Centenes medical and behavioral health leadership has recognized the value that Deep TMS can offer these patients, many of whom are unresponsive to current first-line medication and psychotherapy standard of care treatments, said Scott Blackman, Director of Market Access at BrainsWay.

We are thrilled to receive this positive coverage decision, which represents a further demonstration of the increased support for behavioral health challenges adopted by Centene, said Christopher von Jako, PhD, President and Chief Executive Officer of BrainsWay. We view this as a significant achievement for our overall business, with the potential to facilitate greater patient and physician access to our Deep TMS system for OCD treatment. Importantly, over one-third of our current total installed base of Deep TMS systems have already opted to offer our OCD treatment prior to the availability of reimbursement, indicating our customers strong confidence in the patient benefits made possible through our OCD treatment platform. This positive coverage decision reflects the large body of compelling clinical evidence supporting the treatment of OCD with our Deep TMS H7-Coil, further differentiating it from traditional TMS coils.

About Obsessive-Compulsive DisorderObsessive-compulsive disorder (OCD) is a chronic and debilitating condition with a lifetime prevalence in the United States of 2.3%. Characterized by uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) that the sufferer feels compelled to repeat over and over, OCD is considered by the World Health Organization (WHO) to be one of the top 10 debilitating medical conditions associated with a decreased quality of life and loss of income. Due to the complexity and heterogeneity of the condition, coupled with the high percentage of patients that are drug-resistant, many patients suffering from OCD do not respond well to first line treatment options.

About BrainsWayBrainsWay is a global leader in advanced noninvasive neurostimulation treatments for mental health disorders. The Company is boldly advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) platform technology to improve health and transform lives. BrainsWay is the first and only TMS company to obtain three FDA-cleared indications backed by pivotal studies demonstrating clinically proven efficacy. Current indications include major depressive disorder, obsessive-compulsive disorder, and smoking addiction. The Company is dedicated to leading through superior science and building on its unparalleled body of clinical evidence. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. Founded in 2003, with offices in Cresskill, NJ and Jerusalem, Israel, BrainsWay is committed to increasing global awareness and broad access to Deep TMS. For the latest news and information about BrainsWay, please visit http://www.brainsway.com.

Forward Looking StatementsThis press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words intends, may, will, plans, expects, anticipates, projects, predicts, estimates, aims, believes, hopes, potential or similar words. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inadequacy of financial resources to meet future capital requirements; changes in technology and market requirements; delays or obstacles in launching and/or successfully completing planned studies and clinical trials; failure to obtain approvals by regulatory agencies on the Companys anticipated timeframe, or at all; inability to retain or attract key employees whose knowledge is essential to the development of Deep TMS products; unforeseen difficulties with Deep TMS products and processes, and/or inability to develop necessary enhancements; unexpected costs related to Deep TMS products; failure to obtain and maintain adequate protection of the Companys intellectual property, including intellectual property licensed to the Company; the potential for product liability; changes in legislation and applicable rules and regulations; unfavorable market perception and acceptance of Deep TMS technology; inadequate or delays in reimbursement from third-party payers, including insurance companies and Medicare; inability to commercialize Deep TMS, including internationally, by the Company or through third-party distributors; product development by competitors; inability to timely develop and introduce new technologies, products and applications, and the effect of the global COVID-19 health pandemic on our business and continued uncertainty and market impact relating thereto.

Any forward-looking statement in this press release speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. More detailed information about the risks and uncertainties affecting the Company is contained under the heading Risk Factors in the Companys filings with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. Investors and security holders are urged to read these documents free of charge on the SECs web site at http://www.sec.gov.

Contacts:

BrainsWay:Scott AregladoSVP and Chief Financial OfficerScott.Areglado@BrainsWay.com

Investors:Bob YedidLifeSci Advisors646-597-6989Bob@LifeSciAdvisors.com

Media Contact:Will Johnson(201) 465-8019BrainsWay@antennagroup.com

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TMS student overcomes obstacle to excel in track and cross country. – WCBI

Posted: at 8:05 am

TUPELO, MISS. (WCBI) A fourteen-year-old Tupelo Middle School student is making a name for himself in track and cross country, despite a devastating setback late last year.The track champion, and his friends, have bounced back from the tragedy, and are looking to shatter some goals.

Taylor Brown was in sixth grade when he realized his younger brother was a faster runner than him. Taylors Dad, Jim, gave Taylor an incentive to train harder.

He said, in seventh grade if you make the high school on cross country team, he would get me any pair of running shoes, so I wanted to get some new shoes after that, I started training to be faster than my brother, Taylor said.

Taylor made the high school cross country team in both seventh and eighth grade as a student at Tupelo Middle School. Last September he was named the number one 8th grader in the United States.

Then, in December, less than a week before Christmas, tragedy struck when Taylor and four other friends were in a car wreck. Taylor broke three ribs, a hand, and foot. He was facing a big challenge.

Mentally coming back from an injury in running is very hard, you feel like you can lose so much, I worked to get back, incredibly, I was back in after a week, running on a zero-gravity treadmill, Taylor said.

Taylor is faster than he was before the wreck and training with his teammates. Jaheim Bridges was also in the car wreck and says he is not surprised at Taylors speedy recovery.

Knowing Taylor, I knew he would come back pretty fast, he wants to strive to do better, Bridges said.

And for Taylor and his family, the experience has shown them the importance of faith and hard work.

It has led me to trust the Lord more, nothing is in your hands, its all in the Lords hands, cant control what happens, you have a play in what you do, but you cant control all the things around you, Taylor said.

It helps us remember we can never take for granted the time we have here on this earth and cant take for granted special gifts and abilities Hes given us, my prayer is Taylor would never lose sight of that, and he would remember all those gifts he has been given athletically are from the Lord, said Taylors Dad, Jim Brown.

Taylor will be working hard through the summer, preparing for high school.

Taylor says he would like to win a few state titles and help the THS Cross Country team win a title.

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Manhattan Associates Unveils the Industry’s Fastest and Smartest Multi-modal Transportation Optimization Engine – StreetInsider.com

Posted: at 8:05 am

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

ATLANTA, May 25, 2021 (GLOBE NEWSWIRE) -- Today at its Momentum Connect customer conference, Manhattan Associates Inc. (NASDAQ: MANH) announced the new Manhattan Active Transportation Management solution to significantly reduce the time and effort involved in optimizing even the most complex transportation networks. The cloud-native solution is the industrys first self-configuring and self-tuning system and a quantum leap forward in optimization speed, with up to 80% faster solve times.

Faster and Smarter Transportation OptimizationSkyrocketing volumes, shorter delivery windows, and volatile capacity have increased the complexity of logistics networks. Shippers today need faster, easier and smarter shipment planning and optimization capabilities to keep up, said Chris Cunnane, research director for Supply Chain Management at ARC Advisory Group. The next generation of TMS solutions, like Manhattan Active Transportation Management, are significantly faster, but they are also making the transportation planners job easier with self-configuring and self-tuning intelligence to ensure the optimal solve every time.

Manhattan Associates, a leader in supply chain execution solutions, completely redesigned and rebuilt its industry-leading Transportation Management Solution to create a single, intuitive experience for transportation planners to visualize and optimize their entire network. This powerful new solution simplifies and solves transportation challenges significantly faster than traditional TMS solutions.

Manhattan Active Transportation Management is the industrys most technologically advanced transportation planning and execution solution, said Gregg Lanyard, director of Product Management for Manhattan. Its powerful optimization engine makes transportation planning faster, smarter and easier than ever, while giving users unprecedented control and flexibility to achieve operational success.

At the heart of Manhattan Active TM is an all-new multi-modal optimization core that utilizes cutting-edge, in-memory computing. This advanced optimization engine gives companies the processing power they need to quickly analyze and process large volumes of data to create the ideal logistics plan.

Manhattan Active TM is not just fast, it is also more intelligent. The adaptive optimization engine within Manhattan Active TM uses machine learning to automatically tune hundreds of traditionally manual parameters to produce optimal results. Manhattan has also redesigned and simplified the TMS user experience. Manhattan Active TM offers an intuitive interface with an adaptive design that provides the same experience across different form factors and devices.

And because Manhattan Active TM was born in the cloud and built entirely from microservices, it is fully extensible and never needs upgrading. In fact, it is the first enterprise SaaS TMS solution to support personalization extensions without ever impacting future updates. Manhattan Active TM is part of Manhattan Active Supply Chain, a single solution for command and control of all distribution, labor, automation and transportation functions.

Manhattan has built advanced connectivity into Manhattan Active TM. Companies like FourKites, Project44, Loadsmart and many more already come connected and pre-integrated into the solution. The new Manhattan Active Arch makes it easy to onboard additional visibility providers, load boards or other cloud based services quickly and easily.

Receive up-to-date product, customer and partner news directly from Manhattan Associates on Twitter, LinkedIn and Facebook.

About Manhattan AssociatesManhattan Associates is a technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers.

Manhattan Associates designs, builds and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit http://www.manh.com.

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Lupin The 3rd Part Six Unveils New Trailer – ComicBook.com

Posted: at 8:05 am

TMS Entertainment, the animation studio responsible for the likes of Dr. Stone and Fruits Basket, recently announced that they were working on the next chapter of the Gentleman Thief, Arsene Lupin, in Lupin The Third Part Six, with a brand new trailer giving us a quick look at the adventures that await. With the series set to premiere in October of this year, fans are waiting to see what challenges await Lupin and his friends as the first poster for the upcoming season gives us a Gentleman Thief that seems to be harboring a "Two-Face".

Lupin has been one of the longest-running anime protagonists, first appearing under the pen of mangaka Monkey Punch in the 1960s and continuing to receive new animated series and feature-length films over the decades. Last year, Lupin and his crew were brought into a brand new world of computer-generated animation with Lupin The Third The First, introducing a brand new challenge for the pack of thieves that tied into the history of Lupin's lineage.

TMS Entertainment shared the news via its Official Twitter Account, prepping fans for the sixth part of the series that has become a staple within the world of anime:

The Official Description for Lupin The Third Part Six was revealed by TMS Entertainment, with a brief look into the upcoming adventure:

"2021 marks the 50th anniversary of the animated series, and thus Lupin is at it again! The new LUPIN THE 3rd PART6 series is set to unfold with the theme of mystery with Lupin and the gang thrown into the modern age. What could be their next target?"

While fans were taken aback by the new artwork revealed by TMS, many others were thrilled at the fact that Lupin was seemingly ditching his red jacket and returning to the green one that he had started out with in the earlier parts of the series.

Are you hyped for the arrival of this brand new series for the franchise of Lupin The Third? What is your favorite part of the series to date for the pack of thieves? Feel free to let us know in the comments or hit me up directly on Twitter @EVComedy to talk all things comics, anime, and the world of the Gentleman Thief.

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Registration of the reduced quantity of shares in Nexstim Plc (the last phase) – GlobeNewswire

Posted: at 8:05 am

Company announcement, Helsinki, 24 May 2021 at 11:00 AM (EEST)

Registration of the reduced quantity of shares in Nexstim Plc (the last phase)

The Annual General Meeting of Nexstim Plc (NXTMH:HEX, NXTMS:STO) (Nexstim or Company) resolved on 11 May 2021 to reduce the quantity of Nexstim's shares without reducing share capital by way of issuing new shares and by redemption of Company's own shares, in such a way that each current 100 shares of the Company shall correspond to one share of the Company after the arrangements related to the reduction of the quantity of Company's shares are completed.

Pursuant to the resolution of the Board of Directors of the Company on 21 May 2021 regarding issue / transfer of shares of the Company without consideration, and the annulment of the remaining treasury shares (as set forth in the Company announcement dated 21 May 2021), the annulment of 2773 shares of the Company and the final amount of shares 6 640 616 after all arrangements connected to the reduction of the quantity of shares have now been registered within the Trade Register.

Helsinki, 24 May 2021

NEXSTIM PLC

The Board of Directors

Furtherinformationisavailableonthewebsitewww.nexstim.comorbycontacting:

LeenaNiemist,ChairoftheBoard+35892727170leena.niemisto@nexstim.com

ErikPenserBankAB(CertifiedAdviser)+4684638300certifiedadviser@penser.se

AboutNexstimPlc

Nexstimis a Finnish, globally operating medical technology company. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

Nexstimhas developed a world-leading non-invasive brain stimulation technology calledSmartFocus. It is a navigated transcranial magnetic stimulation (nTMS) technology with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain.

SmartFocus technology is used inNexstimsproprietary Navigated Brain Therapy (NBT) system, which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBT system is CE marked for the treatment of major depression and chronic neuropathic pain.

In addition,Nexstimis commercializing itsSmartFocus based Navigated Brain Stimulation (NBS) system for diagnostic applications. The NBS system is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain.Nexstimshares are listed on the Nasdaq First North Growth Market Finland and Nasdaq First North Growth Market Sweden.

For moreinformationplease visitwww.nexstim.com

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Residents of Duncan have a voice in planning the future – My Cowichan Valley Now

Posted: May 18, 2021 at 4:28 am

The City of Duncan has initiated Small Town. Bright Future., and Small Town. Going Places., processes to update the Citys Official Community Plan (OCP) and create a Transportation and Mobility Strategy (TMS). The TMS is planned for completion in the Fall of 2021, followed by the OCP in the Spring of 2022.

The OCP will be used as a guiding document to support decisions around where housing is located, what social, environmental, and economic priorities are, and how recreational and municipal services are provided. Ultimately, the OCP will map out how we as a City want to grow as a community.

The TMS will identify guiding principles, establish multi-modal transportation policies and networks, and establish a path forward to implementation.

Community engagement is an integral part of both processes, and the City looks forward to hearing from residents.

Now is the time to get involved in the process, said Mayor Staples. We invite you to join us, we need your voice to plan for the best vision we can imagine for our future. One that reflects the ideas, priorities, hopes and dreams of each of us within it.

Public participation is highly encouraged. Due to the ongoing health crises, engagement will take place primarily online. Please visit the City PlaceSpeak engagement platform and select the project(s) you are interested in to participate: https://duncan.ca/public-engagement-join-the-conversation/

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Talent Management Software (TMS) Market | Covid-19 Impact Analysis | 2021 | Current Trends, Opportunity, Growth Potential, Industry Size, and Forecast…

Posted: at 4:28 am

Global Talent Management Software (TMS) Market Insights, Trends And Scope

It is a detailed market overview Is offered by the global Talent Management Software (TMS) market analysis where the researchers have outlined certain information about different characteristics, market drivers, threats, opportunities including drawbacks and advantages. Not only this but also in this global market study, the experts have provided competitive landscape analysis, strategic regional development status and advancement of trends to help the readers to understand the market better. The report also consists of a detailed overview of the global Talent Management Software (TMS) market and also offers planning and designing a graphical presentation to assess the growth profit, market size, pricing, market share, revenue, cost structure as well as the growth rate of decision making.

One of the important sections of the market research report is the market players discussion of company profiles, brands summary, financial analysis as well as market revenue. Not only this but also the study allows the market players to plan strong business strategies and discover international competition. Apart from this, an in-depth segmentation analysis of the market is conducted on regions, producers, applications and type of the report. Furthermore, other important factors which are studied in the report are demand, supply, market processes, market dynamics, research and development activities, import and export situation, cost of production, consumption demand and supply figures, selling price of the finished products, gross profit margins and others are presented in the market research report.

Companies Covered: Cornerstone Ondemand, INC., IBM Corporation, Lumesse, Oracle Corporation, Peoplefluent, Skillsoft, Saba Software, SAP Successfactors, Talentsoft, Halogen Software

Market Snapshot:

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Talent Management Software (TMS)

Market Segmentation of Talent Management Software (TMS) market: By Solution (Talent Acquisition, Workforce Planning, Learning, Compensation, and Performance Management), By Services (Professional Services, Training and Education, Support and Maintenance), By Deployment Mode (On-premise, Cloud), By Organization Size (Small Medium Business (SMBs), Large enterprises), By Verticals (Banking, Financial Services, and Insurance (BFSI), Healthcare, IT & Telecom, Retail, Manufacturing, Education, Government, Media & Entertainment, Others)

Geographical Analysis

When it comes to geographical analysis the global Talent Management Software (TMS) market is divided into various geographical regions that provides a comprehensive overview of North America, Europe, Asia Pacific, the Middle East, South America, Africa and the rest of the world covering all the major regional as well as global market.

Competitive Landscape

The market research report for the global Talent Management Software (TMS) market provides detailed insights into the leading market players by taking into account the global market focus. The report also contains a section that is solely dedicated to the key players of the market in which the researchers does a complete analysis of their financial statement, products, new innovations as well as product benchmarking.

In the global Talent Management Software (TMS) market report, the researcher has analysed and presented in a comprehensive way about the marketing opportunities by product segment, end-user segment, distribution channels, import-export dynamics, and leading countries. It elucidates the future forecast, market size, market share, growth drivers, market opportunity, emerging trend as well as investment risk in different segments of the global Talent Management Software (TMS) market. In addition, it provides a detailed view of the market dynamics of the international Talent Management Software (TMS) market according to volume and value. Apart from this, the readers can also get complete information regarding the market capacity, company profiles, product features, market shares for leading market players as well as production value.

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Key Insights Of The Market Research Report:

What is the important segment that will perform well in the Global Talent Management Software (TMS) market? What are the forecast growth rates of the market? What are the opportunities and shortcomings faced by the key market players in the Global Talent Management Software (TMS) market? What are the major and results that affect the performance of the industry? What are the key regions that are covered in the market research report?

Table of Contents:

Global Talent Management Software (TMS) Market Overview Economic Impact on Industry Market Competition by Manufacturers Production, Revenue (Value) by Region Production, Revenue (Value), Price Trend by Type Market Analysis by Application Cost Analysis Industrial Chain, Sourcing Strategy and Downstream Buyers Marketing Strategy Analysis, Distributors/Traders Market Effect Factors Analysis Global Talent Management Software (TMS) Market Forecast

Conclusion

The final part of the market research report aims to focus on the existing competitive analysis of the global market. The experts have even added useful information for the customers and industries. All the key manufacturers manage the expanding operations in the specified regions. Quince Market Insights acknowledges the assistance and support from the industry experts and surveys and conventions.

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Global Transportation Managem ent Systems (TMS) Market Size 2021, Share, Emerging-Trends, Growth, Services, Growth-Analysis, Top Manufacturers,…

Posted: at 4:28 am

The up-to-date research study published by Reportspedia, entitled Global Transportation Managem ent Systems (TMS) Market, focuses on industry growth, market scope, future opportunities, development trends, as well as initial and future estimation of the Transportation Managem ent Systems (TMS) market. The key highlights and features of the global Transportation Managem ent Systems (TMS) industry report represent the essential features and characteristics of the global Transportation Managem ent Systems (TMS) industry. This analysis consists of key development trends, industry trend analysis (industry trends under COVID-19), future opportunities in the market, product growth factor analysis, and key market segments of the market. The author included key findings on past and future projections of industry growth. The report provides a detailed analysis of competitors analysis and their key strategies, key company profiles, product scope, market overview, opportunities, breakdown of upstream raw material suppliers and downstream buyers. It also describes product types, applications, and regional analysis that is trending in the market.

Market Overview and Regional Snapshot: The major aspects covered in the report are Market Revenue by Region, Volume & Value, Production, Company share, CAGR, and Market Size. Furthermore, the Transportation Managem ent Systems (TMS) market is intensely examined on the basis of regions and countries such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa & Rest of the World.

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This report provides a detailed historical analysis of the global market for Transportation Managem ent Systems (TMS) from 2015-2020 and provides extensive market forecasts from 2021-2025 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth, and future perspectives in the Transportation Managem ent Systems (TMS) market.

Key Players Analysis:

Next Generation LogisticsCargoSmartOne Network EnterprisesJDA SoftwareORTECOracle CorporationTMW SystemsDescartesPrecision SoftwareSAP SEManhattan AssociatesMercuryGateBluJayOmnitracsHighJump

Market Segmentation:

Major Types covered,

RailwaysRoadways

Major Applications covered,

Logistics & TransportManufacturingCommercialRetail

Regions Covered in this research:

Regional Analysis

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Table of Contents:

Transportation Managem ent Systems (TMS) Market Size, Status, and Forecast 2025

1 Industry Overview of Transportation Managem ent Systems (TMS) 2 Transportation Managem ent Systems (TMS) Competition Analysis by Players3 Company (Top Players) Profiles4 Transportation Managem ent Systems (TMS) Market Size by Type and Application (2015-2020)5 United States Transportation Managem ent Systems (TMS) Development Status and Outlook6 EU Transportation Managem ent Systems (TMS) Development Status and Outlook7 Japan Transportation Managem ent Systems (TMS) Development Status and Outlook8 Transportation Managem ent Systems (TMS) Manufacturing Cost Analysis9 India Transportation Managem ent Systems (TMS) Development Status and Outlook10 Southeast Asia Transportation Managem ent Systems (TMS) Development Status and Outlook11 Market Forecast by Regions, Type, and Application (2021-2025)12 Transportation Managem ent Systems (TMS) Market Dynamics 12.1 Transportation Managem ent Systems (TMS) Industry News 12.2 Transportation Managem ent Systems (TMS) Industry Development Challenges 12.3 Transportation Managem ent Systems (TMS) Industry Development Opportunities (2021-2025) 13 Market Effect Factors Analysis14 Transportation Managem ent Systems (TMS) Market Forecast (2021-2025)15 Research Finding/Conclusion16 Appendix

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Global Transportation Managem ent Systems (TMS) Market Size 2021, Share, Emerging-Trends, Growth, Services, Growth-Analysis, Top Manufacturers,...

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Biogen Announces Exercise of Option to Acquire the Investigational Drug TMS-007 for Acute Ischemic Stroke – GlobeNewswire

Posted: May 16, 2021 at 1:13 pm

CAMBRIDGE, Mass. and FUCHU-SHI, Tokyo, May 12, 2021 (GLOBE NEWSWIRE) -- Biogen Inc (Nasdaq: BIIB) and TMS Co., Ltd. announced today that Biogen exercised its option to acquire TMS-007, an investigational drug for acute ischemic stroke, from TMS. Biogens decision to acquire TMS-007 was based on positive data from a Phase 2a study. The study met its primary safety objective with no incidence of symptomatic intracranial hemorrhage (sICH) and demonstrated positive impacts on both blood vessel reopening in the brain as well as patient functional recovery. Patients were dosed up to 12 hours after the onset of stroke symptoms; average time to treatment was 9.5 hours for patients who received TMS-007 and 9.3 hours for those who received placebo. All patients who received TMS-007 were dosed beyond the time window of approved thrombolytic agents.

We are encouraged by these results and made the decision to acquire TMS-007 based on the totality of the safety, imaging and clinical outcome data from the Phase 2a study, said Alfred Sandrock, Jr., M.D., Ph.D., head of research and development at Biogen. It has been almost 25 years since the last thrombolytic agent was approved for acute ischemic stroke and we believe this novel investigational drug may expand the number of eligible patients who could potentially receive thrombolytic therapy and thus have a higher chance of functional independence after stroke.

Approved thrombolytic agents are limited in their use due to their benefit-risk profile in later time windows. According to the American Heart Association1, sICH is the most feared complication of the current thrombolytic therapy, tissue Plasminogen Activator (tPA), which works by dissolving blood clots that block blood flow to the brain. In time windows up to 9 hours after stroke onset, sICH has occurred in patients receiving tPA at rates as high as six percent in controlled studies.

The randomized, placebo-controlled, ascending dose Phase 2a study included 90 participants in Japan (n=52 TMS-007, n=38 placebo). The primary endpoint of the study evaluated safety as assessed by the incidence of sICH with worsening of National Institute of Health Stroke Scale of four points or more. There were no events reported in the patients who received TMS-007 compared to an incidence of three percent in the patients who received placebo.

In addition, TMS-007 demonstrated a significant improvement on the secondary endpoint of functional independence at 90 days, with 40 percent of patients who received TMS-007 achieving scores of 0 or 1 on the modified Rankin Scale, a measure of independence in daily living, indicating either no residual symptoms or no significant disability, compared to 18 percent of patients who received placebo (P=< 0.05). This was supported by objective angiographic evidence of recanalization in the subset of patients with a visible occlusion receiving TMS-007. The recanalization rate, as measured by magnetic resonance angiography, was 58.3 percent (14 out of 24) for patients who received TMS-007 compared to 26.7 percent (4 out of 15) for patients who received placebo (odds-ratio 4.23; 95 percent confidence interval (0.99, 18.07)).

Biogen will make a one-time $18 million payment as part of the acquisition of TMS-007. TMS is eligible to receive up to an additional $335 million in potential post-acquisition development and commercial payments should TMS-007 achieve certain developmental milestones and sales thresholds. TMS is also eligible to receive tiered royalties in the high single digits to sub-teen percentages on annual worldwide net sales. Biogen will be solely responsible for the costs and expenses related to the development, manufacturing and commercialization of TMS-007 following the acquisition.

Biogen is currently evaluating the next steps for the clinical development of TMS-007, including plans for global studies. Final data results from the Phase 2a study are expected to be communicated at a future scientific forum.

About Acute Ischemic StrokeStroke is a potentially debilitating or even deadly cerebrovascular event. It is the second leading cause of death worldwide, with about 13 million cases and 5.5 million deaths each year, and with lasting functional deficits in stroke survivors caused by irreversible damage to the brain. Caused by blockages of blood supply to the brain, acute ischemic stroke accounts for about 85 percent of all strokes, with no approved medical therapies for treatment beyond the 3 to 4.5-hour time window. There is a substantial unmet medical need for new therapies that can both improve clinical outcomes with improved efficacy and safety as well as extend the time after stroke onset that a patient can receive a thrombolytic treatment.

About TMS-007TMS-007 is a small molecule plasminogen activator with a proposed novel mechanism of action associated with breaking down blood clots and potentially inhibiting local inflammation at the site of thrombosis. This unique combination could position TMS-007 as a potential next generation thrombolytic for individuals with acute ischemic stroke with the aim to provide an extended treatment window as compared to currently approved thrombolytic agents.

About the Phase 2a StudyTMS-007 was evaluated in a multi-center, single-administration, double-blinded, randomized, placebo-controlled, ascending dose trial with three TMS-007 groups (1, 3 and 6 mg/kg) and a placebo group (52 patients who received TMS-007 and 38 patients who received placebo). The study run by TMS Co, Ltd., which took place in Japan, included patients with acute ischemic stroke within 12 hours after onset and ineligible for tissue Plasminogen Activator (tPA) or thrombectomy. The primary endpoint was evaluation of safety with secondary endpoints evaluating vessel recanalization as well as clinical outcomes at 90 days after stroke onset.

About BiogenAt Biogen, our mission is clear: we are pioneers in neuroscience. Biogen discovers, develops and delivers worldwide innovative therapies for people living with serious neurological and neurodegenerative diseases as well as related therapeutic adjacencies. One of the worlds first global biotechnology companies, Biogen was founded in 1978 by Charles Weissmann, Heinz Schaller, Kenneth Murray and Nobel Prize winners Walter Gilbert and Phillip Sharp. Today Biogen has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first approved treatment for spinal muscular atrophy, commercializes biosimilars of advanced biologics and is focused on advancing research programs in multiple sclerosis and neuroimmunology, Alzheimers disease and dementia, neuromuscular disorders, movement disorders, ophthalmology, neuropsychiatry, immunology, acute neurology and neuropathic pain.

We routinely post information that may be important to investors on our website atwww.biogen.com. To learn more, please visitwww.biogen.comand follow us on social media Twitter, LinkedIn, Facebook, YouTube.

About TMS Co., Ltd.TMSCo., Ltd. is aprivatelyheld, clinical stage biotechnology company based in Fuchu-shi, Tokyo. The company was founded in 2005 to develop therapeutics based on novel discoveries to modulate the fibrinolytic system, identified by a team of scientists at TokyoUniversityof Agriculture and Technology (TUAT), led by Dr.KeijiHasumi, Professor of theUniversityand Chief Scientist of TMS.

Biogen Safe Harbor StatementThis news release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about results from the Phase 2a study of TMS-007; the potential clinical effects of TMS-007; the potential benefits, safety and efficacy of TMS-007; clinical development programs, clinical trials, data readouts and presentations related to TMS-007; the potential of Biogens commercial business and pipeline programs, including TMS-007; Biogens strategy and plans; the identification and treatment of acute ischemic stroke; and risks and uncertainties associated with drug development and commercialization. These forward-looking statements may be accompanied by words such as aim, anticipate, believe, could, estimate, expect, forecast, intend, may, plan, potential, possible, will, would and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical trials may not be indicative of full results or results from later stage or larger scale clinical trials and do not ensure regulatory approval. You should not place undue reliance on these statements or the scientific data presented.

These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including, without limitation, uncertainty of success in the development and potential commercialization of TMS-007; unexpected concerns may arise from additional data, analysis or results obtained during clinical studies; actual timing and enrollment of future studies of TMS-007; regulatory authorities may require additional information or further studies, or may fail or refuse to approve or may delay approval of Biogens drug candidates, including TMS-007; the occurrence of adverse safety events; the risks of other unexpected hurdles, costs or delays; failure to protect and enforce Biogens data, intellectual property and other proprietary rights and uncertainties relating to intellectual property claims and challenges; product liability claims; third party collaboration risks; and the direct and indirect impacts of the ongoing COVID-19 pandemic on Biogens business, results of operations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from Biogens expectations in any forward-looking statement. Investors should consider this cautionary statement as well as the risk factors identified in Biogens most recent annual or quarterly report and in other reports Biogen has filed with the U.S. Securities and Exchange Commission. These statements are based on Biogens current beliefs and expectations and speak only as of the date of this news release. Biogen does not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

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Biogen Announces Exercise of Option to Acquire the Investigational Drug TMS-007 for Acute Ischemic Stroke - GlobeNewswire

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