Company History

Fisher-Wallace Laboratories formed out of events set in motion when entrepreneur Charles Avery Fisher and Martin Wallace, PhD, CCN, CAd, discovered an FDA-cleared medical device that had been safely on the market since 1991 and met a vastly important need: the non-drug treatment of depression, anxiety, insomnia and chronic pain. Invented by Dr. Saul Liss, the device was called the Liss Cranial Stimulator and was manufactured MEDI, Inc.

Dr. Wallace—despite his PhD in biology and his credentials in treating addictions and other compulsive behaviors—had been unable to find any means of coping with the depression that brought him to a standstill in the aftermath of 9/11 and the eight hours he spent trapped in a building at Ground Zero. The use of the Liss Cranial Stimulator successfully treated his depression.

Dr. Wallace eventually began working with Dr Liss and Mr. Fisher was introduced to the Stimulator at a business conference in the mid 2000’s. Mr. Fisher was particularly impressed by the Stimulator’s lack of side effects, and its ability to stimulate the brain’s production of neurochemicals such as serotonin and endorphins. After Dr. Liss passed away in June, 2006 at the age of 84, Fisher Wallace Laboratories purchased the patents to the device and renamed it the Fisher Wallace Stimulator®.

Kelly Roman joined the company in 2010 after winning awards as a strategic marketing executive at Nielsen Media and other innovative companies. He is now a partner in Fisher Wallace Laboratories and directs the company’s marketing, strategy and regulatory affairs.

The FDA has cleared the Fisher Wallace Stimulator® for the treatment of depression, anxiety and insomnia, as well as chronic pain.

Renowned institutions such as Harvard Medical School, Columbia Medical School, Massachusetts General Hospital and the University of Medicine and Dentistry of New Jersey are conducting ongoing research with our device.

Featured in photo: Kelly Roman and Charles Avery Fisher flank Medal of Honor recipient SFC Petry at a luncheon honoring Petry on July 15, 2011.