Neuralink is ready with the approval of clinical trials We will operate on 11 patients next yearinforms 24 Channels. The expedited approval process, aided by concessions from the FDA, allows the company to proceed with subsequent operations without the usual one-year follow-up period for the first patient.

How much does the operation cost?

Estimated cost of each Neuralink transaction: $10,500While insurance companies are expected to cover $40,000 per patient. Despite numerous requests, only 11 volunteers under the age of 40 with lower and upper limb paralysis will be selected for the first phase of the trial.

How will the operation go?

• The surgical procedure involves a medical robot developed by Neuralink to perform precise implantation. 16 thin rings with polymer coating in the cerebral cortex.
• These rings are connected to electrodes, each thinner than a human hair, facilitating communication between the brain and the mini computer placed on the patient’s skull.
• For accuracy, the entire operation being automated is expected to take approx. two and a half hoursAlthough the company itself aims to reduce this in the future up to 15 minutes.

Company plans

Neuralink has ambitious plans:

• 27 Devices in 2025,
• 79 – In 2026,
• It is planned to reach this level by 2030 22,204 operations per year.

From Bloomberg’s extensive material, the company’s expected revenue is expected to be: $100 million per year. Neuralink, which has raised approximately 600 million dollars for development, also produces semiconductor components and aims to prevent patients from suffering by ensuring that the implant remains cool during operation.

Beyond its initial applications, Neuralink plans to develop a separate spinal cord implant to restore mobility to paralyzed people. The brain implant focuses on restoring communication and controlling bionic prosthetics, and successful experiments on monkeys demonstrate the ability to control a computer cursor with the power of thought.