14.01.2013 Views

bioworld - Medical Device Daily

bioworld - Medical Device Daily

bioworld - Medical Device Daily

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

90<br />

stomach. Should the balloon deflate, it<br />

will remain harmlessly in the stomach<br />

until removed via a standard endoscopy<br />

procedure,” said Evzen Machytka, the<br />

doctor who performed the first<br />

implants with the device.<br />

“Currently, intragastric balloons must<br />

be removed after six months, due to<br />

the rising incidence of balloon deflation<br />

after six months, which in turn increases<br />

the risk of intestinal obstruction.<br />

Spatz FGIA will be presenting evidence<br />

to the European regulatory authorities<br />

to show how the Spatz Balloon<br />

System’s special uncrushable ‘tail’ eliminates<br />

this risk. Until the regulatory<br />

authorities approve leaving the balloon<br />

in place for longer periods, patients and<br />

physicians will be advised to ensure<br />

removal of the Spatz System after six<br />

months,” said CEO Jeffrey Brooks in a<br />

release.<br />

In October 2009, Spatz reported that<br />

the first patients had been implanted<br />

with the device, at the University<br />

Hospital in Ostrava, Czech Republic.<br />

ReShape <strong>Medical</strong> – ReShape<br />

Balloon<br />

ReShape <strong>Medical</strong> Inc., of San<br />

Clemente, Calif., is developing the<br />

ReShape intragastric balloon, which is<br />

designed to occupy space in the stomach<br />

to create a feeling of satiety. It is<br />

implanted endoscopically (attached to<br />

the end of a catheter), then filled with<br />

saline. Unlike other intragastric balloons,<br />

which tend to be comprised of<br />

one round balloon, ReShape’s product<br />

is composed of two balloons that are<br />

attached together by a flexible tube.<br />

Each balloon has independent channels,<br />

so the other is not impacted in<br />

the event of deflation or leaks. It is left<br />

in a patient for six months, and used<br />

in conjunction with diet and exercise.<br />

ReShape has obtained CE Mark and ISO<br />

certification for the product, and clinical<br />

investigations are under way outside of<br />

the U.S. Studies are being planned for<br />

the U.S. as well.<br />

THE BIOWORLD AND MEDICAL DEVICE DAILY OBESITY REPORT<br />

Fulfillium<br />

Fulfillium Inc., of San Francisco, has<br />

filed a patent for a gastric balloon.<br />

Other Space-Filling Products<br />

Tulip <strong>Medical</strong><br />

Tulip <strong>Medical</strong> Ltd., of Tel Aviv, Israel, is<br />

developing a disposable and biodegradable<br />

medical device that is swallowed as<br />

a capsule and creates pressure or tension<br />

on the gastric wall, which sends<br />

satiety signals to the brain, thereby<br />

reducing food consumption. The product<br />

is based on reports in medical literature<br />

that the creation of tension in the<br />

stomach walls is picked up by stress sensors,<br />

which cause a feeling of satiety.<br />

The device’s mechanism of action is<br />

purely mechanical and does not involve<br />

any chemical activity, Tulip said.<br />

In September 2008, 7 Health Ventures,<br />

a professional venture capital fund<br />

dedicated to investing in health care<br />

technologies and products, said it had<br />

joined a deferred closing of Tulip<br />

<strong>Medical</strong>’s Series A financing.<br />

BaroSense – TERIS<br />

BaroSense Inc., of Redwood City,<br />

Calif., is a medical device company<br />

focused on treatments for obesity. It is<br />

working on the development of a minimally<br />

invasive treatment for obesity.<br />

The BaroSense Trans-oral Endoscopic<br />

Restrictive Implant System (TERIS) is<br />

being investigated for safety in<br />

Canada. It uses an endoscopic procedure<br />

to implant a restrictive reservoir in<br />

the stomach, in order to create a sense<br />

of satiety. The study began in June<br />

2008, and is expected to be complete<br />

in May 2010.<br />

In August 2009, BaroSense reported<br />

that it raised $27 million, of a targeted<br />

$30 million, in its fourth round of<br />

financing. Previous investors joining<br />

the latest round were Delphi Ventures,<br />

Frazier Healthcare Ventures, Invesco<br />

Private Capital, RWI Ventures, Synergy<br />

Life Science Partners and Wharton<br />

Ventures. They were joined by new<br />

investor Pappas Ventures. The amount<br />

brings the total the company has raised<br />

to $53 million. BaroSense was founded<br />

in 2001.<br />

Gelesis<br />

Gelesis Inc., of Boston, is a private<br />

developer of treatments for obesity and<br />

other unmet medical needs. The<br />

Boston-based company has remained<br />

under the radar since its founding in<br />

2006, and Eric Elenko, interim vice<br />

president of business development,<br />

declined to comment on its technology<br />

or pipeline in 2008.<br />

Yet Gelesis’ patents may provide a clue<br />

to its obesity approach. The company<br />

has intellectual property relating to synthetic<br />

polymers that swell in the stomach<br />

to create a feeling of “fullness.”<br />

Another clue might be gleaned from<br />

that fact that Gelesis was co-founded<br />

by ExoTech Bio Solutions, an Israeli<br />

chemistry company that has developed<br />

a biodegradable, superabsorbent polymer<br />

called ExoSAP.<br />

Whatever Gelesis is up to, the company<br />

has managed to attract an impressive<br />

roster of scientific advisors. SAB members<br />

include Elazer Edelman, of Harvard<br />

University; former FDA executive David<br />

Feigal; gastric balloon pioneer Allan<br />

Geliebter; James Hill, of the University<br />

of Colorado; Lee Kaplan, of<br />

Massachusetts General Hospital Weight<br />

Center; and Stephen Woods, of the<br />

University of Cincinnati’s Obesity<br />

Research Center.<br />

Gelesis was co-founded in 2006 by<br />

PureTech Ventures and ExoTech Bio<br />

Solutions, with the participation of a<br />

group of obesity experts and scientists.<br />

Gelesis CEO, Yishai Zohar, was formerly<br />

a partner at PureTech Ventures where<br />

he co-founded Gelesis.<br />

In February 2008, Gelesis announced that<br />

is raised $16 million in a Series A financing.<br />

OrbiMed Advisors led the round, and<br />

also participating were Queensland<br />

BioCapital Funds, PureTech Ventures,

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!