Bay State Firm Lands Federal Funding for Re-invented Exercise Bike
Theracycle, headed by CEO Peter Blumenthal, is granted a $200,000 Small Business Innovation Research grant to modify its exercise bicycle to replicate a therapeutic effect caused by tandem bicycle riding uncovered by a Cleveland Clinic study. The company believes its motorized exercise bicycle can help treat people suffering from Parkinson’s disease. Later this year, Theracycle intends to apply for a Phase ... Log in to view full article.
