GiMer Medical

Overview
Neurostimulation Tech?
Product stageSegments
Seed
?
Pain management
?

GiMer Medical, founded in 2013, is a Taiwanese medical device company that specializes in electrical stimulation systems for pain management. The company has commercialized groundbreaking biomedical engineering research from National Taiwan University on the effects of electrical stimulation on animals. GiMer Medical's flagship product is GiMer Neuroblock, an implantable spinal cord stimulation (SCS) system designed for chronic pain management. This innovative SCS system is the first of its kind developed in Asia, tapping into the USD 2 billion global market for chronic back pain treatment as of 2016.

In August 2022, GiMer Medical achieved a significant milestone when its SCS system received Investigational Device Exemption (IDE) approval from the US Food and Drug Administration (FDA). The company's second product, StimOn, a non-invasive, wearable pain relief device, was also cleared for marketing in the US in the same month. Leveraging its core neuromodulation technology "+RF," which operates at an ultra-high frequency of 500kHz, StimOn blocks pain signals in nerves, providing relief for various chronic pain conditions.

GiMer Medical has established itself as a leading medical device manufacturer in Taiwan, with a state-of-the-art production facility approved in 2014, becoming the country's first implantable devices facility. The company's technological prowess and potential in shaping the future of pain management have been recognized through prestigious awards, including the Taiwan Biomedical Show in 2011 and the National Innovation Award in 2016.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
9F-5., No.97, Sec. 1, Xintai 5th Rd. Taipei TWN
Founded year:
2013
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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