Endostim

Overview
News
Neurostimulation Tech?
Product stageSegments
Early
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Functional impairments
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EndoStim is a medical device company developing and commercializing a first-in-class neurostimulation treatment system for drug-refractory gastroesophageal reflux disease (GERD). The EndoStim System is an implantable device designed to provide long-term reflux control by automatically delivering mild electrical signals to the patient's weak or dysfunctional lower esophageal sphincter (LES) muscle throughout the day, which is the underlying cause of GERD.

The system comprises an implantable neurostimulation device and a lead placed through a quick, minimally invasive laparoscopic procedure. It is programmed wirelessly by a physician using a handheld controller to stimulate the LES, allowing it to function normally without causing any discomfort to the patient. The EndoStim System has been successfully investigated in multiple independent studies.

In October 2022, EndoStim received Breakthrough Device Designation from the US Food and Drug Administration (FDA) for its EndoStim System, recognizing its potential as a new treatment for drug-refractory GERD. This designation aims to expedite the development, assessment, and review of the device while maintaining statutory standards for premarket approval. EndoStim acquired the breakthrough designation to bring this therapy to patients as quickly as possible.


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 While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.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:
4041 Forest Park Avenue, Suite 220 St Louis MO USA
Founded year:
2009
Employees:
11-50
IPO status:
Private
Total funding:
USD 79.6 mn
Last Funding:
USD 12.1 mn (Series E; Jan 2018)
Last valuation:
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