Category: ReShape Medical
California device maker ReShape Medical closes enrollment in a pivotal trial of its ReShape Duo intra-gastric balloon, a non-surgical weight-loss system.
San Clemente, Calif.-based ReShape Medical closed pivotal trial enrollment for its ReShape Duo non-surgical weight-loss system, the company announced this week.
ReShape's Duo system is comprised of dual intra-gastric balloons that are placed in the stomach non-surgically via an endoscope inserted into the mouth. The balloons takes up space in the stomach to help patients feel full faster, causing them to eat smaller portions.
ReShape Medical raises $16 million in an equity round it hopes will wind up adding $22 million to its coffers for its dual-intragastric weight loss balloon.
ReShape Medical reeled in $15.8 million of a hoped-for $21.5 million funding round from a group of 7 unnamed investors, according to a regulatory filing.
The San Clemente, Calif.-based medical device company is developing a non-surgical weight loss device, the ReShape Duo, to treat obese patients. The device is a dual balloon designed to take up space in the stomach to reduce its capacity for food.
Viveve, developer of devices targeting women's health, named health care veteran Patricia Scheller CEO and board member.
Women's health devices maker Viveve appoints Patricia Scheller CEO
Privately held Viveve today named Patricia Scheller CEO, also adding her to the company's board of directors.
Scheller has spent more than 25 years in the health care industry, including as CEO of Prescient Medical and SomaLogic.