Novasys Medical Details

$25 million in Series C preferred stock financing. The financing will be used to ramp up operations and prepare for sales and marketing in anticipation of the company commercializing its first product, the Nova...
$25 million in Series C preferred stock financing. The financing will be used to ramp up operations and prepare for sales and marketing in anticipation of the company commercializing its first product, the Novasys Micro-remodeling™ System. The system, which is designed to treat female stress urinary incontinence (SUI), has received the CE Mark for use in the European Union and is pending FDA marketing clearance for sale in the United States. Novasys Medical Inc is testing a new, non-incisional, transurethral treatment which requires no visualization of the treatment site (neither cystoscopy nor fluoroscopy), being guided by familiar balloon palpation (similar to a Foley catheter). In addition, the Novasys Micro-remodeling™ System incorporates numerous, automatic safety features making the treatment process very easy to learn and use. The treatment does not require general anesthesia and is performed in the outpatient or office setting. Not only is the treatment rapid (less than 10 minutes), but patients immediately return to virtually all activities. As there are no incisions, no wound care or dressing changes are required.
Employees
HQ
+1 510-226-4060
Location
Newark, California
Revenue
$7M

Technologies

Load Balancers
Online Video Platforms

Notable Alumni

Ekatherina Goryachikov
Senior Director Clinical Operations
Allogene Therapeutics
Eric Heil
Vice President, US Commercial and Head of Varithena
Boston Scientific
Erik Peterson
Director, CAD Services
Yanntek, Inc.
John To
Chief Technology Officer
Avantec Vascular Corporation

Employees

Eng. Services/Quality Process Manager
Chief Financial Officer

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